Ohio Revised Code Chapter 1133 - Societies For Saving

• Section 1133.01 - Societies For Saving Definitions.
  Where terms used in this chapter are defined in section 1101.01 of the Revised Code, they shall have the meaning set forth in that...
• Section 1133.02 - Incorporating Society For Savings - Contents Of Articles Of Incorporation.
  (A) Any number of natural persons, not less than twenty, each of whom is acting in the person's individual capacity and not as the...
• Section 1133.03 - Superintendent Of Financial Institutions Examination And Certification - Recording Articles.
  Upon receipt of a copy of the articles of incorporation and accompanying documents, the superintendent of financial institutions shall give notice and make an...
• Section 1133.04 - Guaranty Fund.
  Before any society for savings or savings society incorporated on or after January 1, 1968, may do business in this state, its incorporators shall...
• Section 1133.05 - Deposits - Investments - Division Of Profits.
  A society incorporated under this chapter and a society which by election or otherwise is subject to this chapter, may receive deposits of money...
• Section 1133.06 - Loans - Obligations - Reserves.
  Any society for savings or savings society may make loans in reliance for repayment on the character and earning capacity of the borrower, and...
• Section 1133.07 - Investment And Loan Authority.
  In addition to investments and loans authorized by sections 1133.05 and 1133.06 of the Revised Code, any society for savings or savings society may...
• Section 1133.08 - Amortized Real Estate Loans.
  Any society for savings or savings society may make amortized real estate loans in an amount not to exceed eighty per cent of the...
• Section 1133.09 - Additional Investments And Loans.
  Any society for savings or savings society, in addition to the investments and loans authorized by this chapter and Chapters 1101. to 1127. of...
• Section 1133.10 - Surplus Fund Balance.
  In this section, "surplus fund" means the net assets of a society for savings or of a savings society over and above the amount...
• Section 1133.11 - Capital Notes And Debentures.
  A society incorporated under this chapter may issue its capital notes or debentures at such times, in such amounts, and subject to such terms...
• Section 1133.12 - No Loans To Officers Or Trustees.
  No officer or trustee of a society incorporated under this chapter shall, on or after January 1, 1968, borrow any of its funds, become...
• Section 1133.13 - Federal Reserve Membership.
  A society incorporated under this chapter may become a member bank under the "Federal Reserve Act of 1913." Every such corporation that becomes such...
• Section 1133.14 - Provisions Applicable To Societies For Savings.
  Societies incorporated under this chapter are subject to all sections of the Revised Code relating to: (A) Examinations and reports of a bank; (B)...
• Section 1133.15 - No Investment In Capital Stock Of Bank.
  No society shall organize, acquire, whether by subscription or purchase, invest in, or own the capital stock of a bank except that acquired prior...
• Section 1133.16 - Investments And Dividends Of Certain Societies.
  Savings societies organized and doing business under volume 64, Ohio Laws, page 184, and volume 65, Ohio Laws, page 27, may, in addition to...

Last modified: October 10, 2016