Ohio Revised Code Chapter 1121 - Banks - Superintendent's Powers

• Section 1121.01 - Banks - Superintendent's Powers Definitions.
  (A) "Financial institution regulatory authority" includes a regulator of a business activity in which a bank or trust company is engaged, or has applied...
• Section 1121.02 - Superintendent And Deputy Superintendent For Banks - Powers And Duties.
  (A) The superintendent of financial institutions shall see that the laws relating to banks are executed and enforced. (B) The deputy superintendent for banks...
• Section 1121.021 - [Repealed].
  Effective Date: 01-01-1997
• Section 1121.03 - Adoption Of Administrative Rules.
  (A) The superintendent of financial institutions may adopt rules and standards to carry out the provisions of Chapters 1101. to 1127. of the Revised...
• Section 1121.031, 1121.04 - [Repealed].
  Effective Date: 01-01-1997
• Section 1121.05 - Granting Rights To Financial Institutions.
  (A) Notwithstanding any provisions of the Revised Code, except as provided in division (E) of this section, the superintendent of financial institutions shall, by...
• Section 1121.051 - Amended And Renumbered Rc 1115.25.
  Effective Date: 01-01-1997
• Section 1121.06 - Reducing Disadvantage To Ohio Bank Or Trust Company.
  (A) Notwithstanding any provision of the Revised Code, if any regulation, rule, interpretation, procedure, or guideline of the comptroller of the currency, federal deposit...
• Section 1121.07 - Amended And Renumbered Rc 1115.20.
  Effective Date: 01-01-1997
• Section 1121.08 - [Repealed].
  Effective Date: 04-19-1988
• Section 1121.09 - Amended And Renumbered Rc 1115.19.
  Effective Date: 01-01-1997
• Section 1121.10 - Examining Records And Affairs.
  (A) As often as the superintendent of financial institutions considers necessary, but at least once each twenty-four-month cycle, the superintendent, or any deputy or...
• Section 1121.11 - Alternate, Joint Or Concurrent Examinations.
  (A) In administering Chapters 1101. to 1127. of the Revised Code and fulfilling the duties imposed by those chapters, including the duty imposed by...
• Section 1121.12 - Examining Controlling Shareholder.
  An examination of the records and affairs of a bank under section 1121.10 of the Revised Code may include the examination of a controlling...
• Section 1121.13 - Examining Other Corporate Controlling Shareholders.
  An examination of the records and affairs of a bank under section 1121.10 of the Revised Code may include the examination of a controlling...
• Section 1121.15 - Maintaining Books And Accounts.
  (A) The superintendent of financial institutions may prescribe the manner and form of keeping the books and accounts of banks, so the books and...
• Section 1121.16 - Prohibited Acts - Violations.
  (A) No regulated person shall do any of the following: (1) Refuse to allow any examination authorized by section 1121.10 of the Revised Code;...
• Section 1121.17 - Executing Documents.
  (A) Accounts and other documents required by the superintendent of financial institutions may be signed and sworn to or affirmed on behalf of a...
• Section 1121.18 - Confidentiality.
  (A) Information leading to, arising from, or obtained in the course of the examination of a bank or any examination conducted pursuant to the...
• Section 1121.21 - Reporting Condition And Income.
  (A) (1) Each bank and trust company shall report its condition and income to the division of financial institutions at the times, in the...
• Section 1121.23 - [See Notes For Effective Date] Criminal Records Check To Be Requested By Superintendent.
  Whenever the approval of the superintendent of financial institutions is required under Chapters 1101. to 1127. of the Revised Code, or under an order...
• Section 1121.23 - [See Notes For Effective Date] Criminal Records Check To Be Requested By Superintendent.
  Whenever the approval of the superintendent of financial institutions is required under Chapters 1101. to 1127. of the Revised Code, or under an order...
• Section 1121.24 - Incomplete Application Or Notice Of Proposed Action Or Transaction.
  (A) (1) If, under Chapters 1101. to 1127. of the Revised Code, a proposed action or transaction is subject to the approval of the...
• Section 1121.25 - Request For Confidentiality.
  (A) The superintendent of financial institutions may grant confidential treatment for information in or related to an application or notice submitted to the superintendent...
• Section 1121.26 - Considering Impact Of Proposed Action Or Transaction.
  When considering the impact of a proposed action or transaction on the convenience and needs of the community to be served, both of the...
• Section 1121.27 - Reasonable And Necessary Conditions.
  If, under Chapters 1101. to 1127. of the Revised Code, a proposed action or transaction is subject to the approval of the superintendent of...
• Section 1121.29 - [Repealed].
  Repealed by 131st General Assembly File No. TBD, HB 340, §101.02, eff. 12/22/2015.
• Section 1121.30 - Banks Fund.
  (A) All assessments, fees, charges, and forfeitures provided for in Chapters 1101. to 1127. and sections 1315.01 to 1315.18 of the Revised Code, except...
• Section 1121.32 - Notice Of Charges And Intent To Issue Cease And Desist Order.
  (A) The superintendent of financial institutions may issue and serve a notice of charges and intent to issue a cease and desist order upon...
• Section 1121.33 - Notice Of Charges And Intent To Remove Regulated Person From Office Or Prohibit Further Participation.
  (A) The superintendent of financial institutions may issue and serve a notice of charges and intent to remove a regulated person from office or...
• Section 1121.34 - Issuing Order Suspending Regulated Person Or Temporarily Prohibiting Further Participation.
  (A) (1) The superintendent of financial institutions may issue an order suspending a regulated person from office or temporarily prohibiting a regulated person from...
• Section 1121.35 - Civil Penalty.
  (A) The superintendent of financial institutions may assess civil penalties against a bank, trust company, or, in relation to matters concerning a state bank,...
• Section 1121.37 - Serving Notice.
  (A) The superintendent of financial institutions may serve any notice the superintendent is required or authorized to give and any subpoena or order the...
• Section 1121.38 - Administrative Hearing.
  (A) (1) An administrative hearing provided for in section 1121.32, 1121.33, 1121.35, or 1121.41 of the Revised Code shall be held in the county...
• Section 1121.39 - Notice Served Within 6 Years Of Resignation, Termination Or Separation.
  The resignation, termination of employment or participation, or separation of a regulated person, including a separation caused by the closing of a bank or...
• Section 1121.41 - Notice Of Charges And Intent To Issue Supervision Order.
  (A) The superintendent of financial institutions may issue and serve a notice of charges and intent to issue an order placing a bank or...
• Section 1121.43 - Monthly Publication By Superintendent Of Violations.
  (A) Except as provided in division (B) of this section, the superintendent of financial institutions shall publish and make available to the public on...
• Section 1121.45 - Meeting With Regulated Persons.
  (A) The superintendent of financial institutions may call and convene a meeting with the regulated persons the superintendent determines to be appropriate at a...
• Section 1121.47 - Superintendent - Order And Subpoena Powers.
  (A) The superintendent of financial institutions may do both of the following: (1) Summon and compel, by order or subpoena, witnesses to appear before...
• Section 1121.48 - Suits And Court Proceedings.
  (A) All suits and court proceedings brought by the superintendent of financial institutions shall be brought in the name of the state upon the...
• Section 1121.50 - Independent Auditor.
  (A) The superintendent of financial institutions may, when circumstances warrant, require a bank to have an independent auditor conduct agreed upon procedures prescribed by...
• Section 1121.51 - Action To Secure Condition Of Assets.
  (A) The superintendent of financial institutions may do either of the following: (1) If, in the superintendent's judgment, the condition of an asset warrants,...
• Section 1121.52 - Impaired Capital.
  (A) The capital of a bank is impaired when the deficit in the undivided profits account exceeds the surplus account so that the sum...
• Section 1121.56 - Immunity.
  Neither the superintendent of financial institutions nor any employee of the division of financial institutions is liable in any civil, criminal, or administrative proceeding...

Last modified: October 10, 2016