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Current as of January 01, 2024 | Updated by Findlaw Staff
To the extent permitted by and subject to any limitations and restrictions the superintendent of financial institutions may impose, a state bank may underwrite and deal in investments in the form of bonds, notes, debentures, or other debt securities that are any of the following:
(A) The direct obligation of or guaranteed by the United States;
(B) The direct obligation of or guaranteed by any state of the United States or any political subdivision of any state of the United States;
(C) Acceptable to the superintendent.
Cite this article: FindLaw.com - Ohio Revised Code Title XI. Banks Savings and Loan Associations § 1109.36 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xi-banks-savings-and-loan-associations/oh-rev-code-sect-1109-36/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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