Ohio Revised Code Chapter 1165 - Savings Banks - Possession By Superintendent

• Section 1165.01 - Court Defined; Jurisdiction.
  (A) As used in this chapter, "court" means the court of common pleas of the county in which the principal place of business of...
• Section 1165.02 - Superintendent Taking Possession Of Savings Bank.
  (A) If upon examination the superintendent or savings banks finds that the affairs of a savings bank are in an unsound or unsafe condition,...
• Section 1165.03 - Voluntary Liquidation.
  (A) A savings bank may proceed with a voluntary liquidation and be closed only with both the consent of the superintendent of financial institutions...
• Section 1165.04 - Filing Of Consent; Notice.
  (A) If the superintendent of financial institutions consents to a voluntary liquidation, the superintendent shall cause a certified copy of the consent to be...
• Section 1165.05 - Supervision Of Superintendent; Authority To Take Possession.
  (A) A voluntary liquidation of a savings bank shall be conducted only with the continued supervision of the superintendent of financial institutions. The superintendent...
• Section 1165.06 - Completion Of Voluntary Liquidation; Dissolution.
  Upon completion of a voluntary liquidation, the liquidated savings bank shall submit to the superintendent of financial institutions all documents required under Chapter 1701....
• Section 1165.07 - [Expired].
  Effective Date: 10-23-1991
• Section 1165.08 - [Expired].
  Effective Date: 10-23-1991
• Section 1165.09 - Appointment Of Conservator.
  The superintendent of financial institutions may appoint a conservator to take possession of the property and business of a savings bank and to retain...
• Section 1165.10 - Compensation For Conservator; Appointment Of Agents; Termination Of Conservatorship.
  (A) If it appears to the superintendent of financial institutions that any one or more of the conditions set forth in section 1165.09 of...
• Section 1165.11 - Filing Of Certificate Of Appointment.
  (A) Upon the appointment of a conservator, the superintendent of financial institutions shall file a certified copy of the certificate of appointment in the...
• Section 1165.12 - Powers Of Conservator.
  (A) A conservator, under the supervision of the superintendent of financial institutions and subject to any limitations imposed by the superintendent, shall have all...
• Section 1165.13 - Period Of Conservatorship.
  During the period of the conservatorship, all of the following apply: (A) The conservator may permit the savings bank to continue to conduct its...
• Section 1165.14 - Evaluation By Conservator; Recommendations; Plan To Restructure.
  (A) The conservator shall evaluate the business and assets of the savings bank and, after conducting whatever investigations the circumstances may require, shall recommend...
• Section 1165.15 - Applying To Court For Instructions.
  The superintendent of savings banks, upon taking possession of the property and business of any domestic savings bank under this chapter, in case of...
• Section 1165.16 - Deposit Of Money And Funds During Liquidation.
  The moneys and funds collected by the superintendent of savings banks in the process of liquidating a savings bank under this chapter shall be...
• Section 1165.17 - Powers Under Chapter Exclusive.
  This chapter provides the full and exclusive powers and procedures for the liquidation of savings banks under the laws of this state, and no...
• Section 1165.18 - When Superintendent May Take Possession.
  The superintendent of financial institutions may take possession of the property and business of a savings bank if the superintendent finds any one or...
• Section 1165.19 - Filing Of Findings And Certificate Of Appointment Of Receiver.
  (A) Upon issuing a written finding that any one or more of the conditions set forth in section 1165.18 of the Revised Code for...
• Section 1165.20 - Appointment Of Federal Deposit Insurance Corporation As Receiver; Appointment Of Agents.
  (A) If it appears to the superintendent of financial institutions that any one or more of the conditions set forth in section 1165.18 of...
• Section 1165.21 - Vesting Of Title.
  Upon the superintendent of financial institutions' appointment of a receiver, title to all of the savings bank's assets shall vest in the receiver without...
• Section 1165.22 - Powers Of Receiver.
  (A) A receiver shall have all of the following powers: (1) To take possession of all books, records of account, and assets of the...
• Section 1165.23 - Notice Of Claims Procedure; Filing Of Claims; Time Limitations.
  (A) The receiver shall promptly cause notice of the claims procedure to be published once a month for two consecutive months in a local...
• Section 1165.24 - Priority Of Claims.
  (A) All claims against the savings bank's estate and expenses, proved to the receiver's satisfaction or approved by the court, shall be paid in...
• Section 1165.25 - Rejection, Ratification Or Assignment Of Executory Contracts.
  (A) Within one hundred days after the date of the closing of a savings bank, a receiver may reject any executory contract to which...
• Section 1165.26 - Federal Deposit Insurance Corporation; Subrogation Of Rights.
  Whenever the federal deposit insurance corporation pays or makes available for payment the insured deposit liabilities of a savings bank, the federal deposit insurance...
• Section 1165.27 - Appointment Of Successor.
  (A) The receiver may appoint a successor to all rights, obligations, assets, deposits, agreements, and trusts held by the closed savings bank as trustee,...
• Section 1165.28 - Effect Of Filing Superintendent's Findings Or Certificate Of Appointment Of Receiver.
  (A) The filing with the court of the finding of the superintendent of financial institutions or the certificate of appointment of the receiver, whichever...
• Section 1165.29 - Order Declaring Savings And Loan Association Properly Wound Up And Resolved.
  (A) When a receiver has completed the liquidation of a savings bank, the receiver shall, with notice to the superintendent of financial institutions, petition...
• Section 1165.30 - Destruction Of Records.
  Subject to the approval of the court, the receiver may destroy the records of the savings bank after the receiver determines there is no...
• Section 1165.33 - Actions For Damages; Limitations On Liability.
  (A) No damages may be awarded in a proceeding brought pursuant to this chapter challenging any action by the superintendent of financial institutions, special...

Last modified: October 10, 2016