Ohio Revised Code Chapter 1115 - Banks - Acquisitions And Reorganizations

• Section 1115.01 - Converting State Bank Into National.
  (A) (1) A state bank may do any of the following: (a) Convert into a national bank if the conversion is approved by both...
• Section 1115.02, 1115.021 - Amended And Renumbered Rc 1105.01, 1105.02.
  Effective Date: 01-01-1997
• Section 1115.03 - [Repealed].
  Effective Date: 01-01-1997
• Section 1115.04 - Amended And Renumbered Rc 1105.03.
  Effective Date: 01-01-1997
• Section 1115.05 - Interstate Acquisitions And Branch Banks.
  (A) As used in this section: (1) "Acquire" or "acquisition" means any of the following transactions or actions: (a) A merger or consolidation with,...
• Section 1115.06 - Notifying Superintendent Of Proposed Acquisition.
  (A) As used in this section: (1) "Control" of a state bank means either of the following: (a) Power, directly or indirectly, to direct...
• Section 1115.07 - Report Of Outstanding Credit.
  (A) As used in this section: (1) "Credit outstanding" means any loan, extension of credit, issuance of a guarantee, acceptance, or letter of credit,...
• Section 1115.08, 1115.09 - [Repealed].
  Effective Date: 01-01-1997
• Section 1115.10 - Amended And Renumbered Rc 1105.04.
  Effective Date: 01-01-1997
• Section 1115.11 - State Bank Consolidations Or Mergers.
  (A) A state bank may consolidate or merge with another state bank, a bank doing business under authority granted by the bank regulatory authority...
• Section 1115.111 - Management Or Consulting Fees.
  (A) Except as provided in division (C) of this section, no bank shall pay to any person, other than reasonable compensation for services provided...
• Section 1115.12 - [Repealed].
  Effective Date: 01-01-1997
• Section 1115.121 - Amended And Renumbered Rc 1121.50.
  Effective Date: 01-01-1997
• Section 1115.13 - [Repealed].
  Effective Date: 01-01-1997
• Section 1115.14 - Transferring Assets And Liabilities.
  (A) A state bank may transfer assets and liabilities to, and acquire assets and liabilities from, another state bank, a bank doing business under...
• Section 1115.15 - Transferring Assets And Liabilities In An Emergency.
  Whenever an emergency, as defined by the superintendent of financial institutions, exists with regard to a state bank, national bank, savings bank, or savings...
• Section 1115.16, 1115.17 - [Repealed].
  Effective Date: 01-01-1968
• Section 1115.18 - Notice Of Consummation Of Reorganization.
  Each state bank resulting from a consolidation or merger pursuant to this chapter, and each state bank that is an acquiring bank in a...
• Section 1115.19 - Paying Fair Cash Value Of Shares To Dissenting Shareholders.
  Unless the articles of incorporation of the state bank otherwise provide, any shareholder of a state bank that has been consolidated or merged with,...
• Section 1115.20 - Protecting Rights Of Creditors.
  In any transfer, consolidation, or merger under this chapter, the rights of creditors shall be preserved unimpaired, and the constituent corporations shall be deemed...
• Section 1115.21, 1115.22 - [Repealed].
  Effective Date: 01-01-1968
• Section 1115.23 - Interim Banks.
  (A) Any person, singly or jointly with others, may, with the approval of the superintendent of financial institutions, incorporate an interim bank for the...
• Section 1115.24 - [Repealed].
  Effective Date: 01-01-1968
• Section 1115.25 - Public Hearing Regarding Fairness Of Terms And Conditions Of Exchange Of Shares.
  (A) If an agreement required by section 1115.11 or 1115.14 of the Revised Code provides for an exchange of the shares of one constituent...
• Section 1115.26 - [Repealed].
  Effective Date: 01-01-1968
• Section 1115.27 - Merging With Affiliate.
  (A) A bank may merge with any of its affiliates with the approval of all of the following: (1) The directors of all constituent...
• Section 1115.30 - [Repealed].
  Effective Date: 01-01-1968
• Section 1115.99 - [Repealed].
  Effective Date: 01-01-1997

Last modified: October 10, 2016