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Current as of January 01, 2024 | Updated by FindLaw Staff
As used in sections 1726.01 to 1726.13, inclusive, of the Revised Code, unless the context otherwise requires:
(A) “Financial institutions” means any banking corporation, trust company, building and loan association, savings and loan association, or corporation, partnership, foundation, or other institution engaged in lending or investing funds for industrial or business purposes.
(B) “Member” means any financial institution authorized to do industrial and business lending in this state which undertakes to lend money to a corporation, incorporated under Chapter 1726. of the Revised Code, upon its call, and in accordance with the provisions of such chapter.
(C) “Loan limit” means for any member, the maximum amount prescribed to be outstanding at one time on loans made by such member to a corporation, incorporated under Chapter 1726. of the Revised Code as determined under the provisions of such chapter.
(D) “The corporation” means a corporation, incorporated under sections 1726.01 to 1726.13, inclusive, of the Revised Code.
Cite this article: FindLaw.com - Ohio Revised Code Title XVII. Corporations Partnerships § 1726.01 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xvii-corporations-partnerships/oh-rev-code-sect-1726-01/
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 or via Westlaw before relying on it for your legal needs.
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