Ohio Admin. Code 1301:1-3-04
Current through all regulations passed and filed through December 9, 2024
Except as provided by 12 C.F.R. Part 215, as in effect on September 13, 2011, and subject to the same limitations and reporting requirements identified therein, no state bank may extend credit in any manner to any of its executive officers, directors, or principal shareholders, or to any of their related interests.
Replaces: 1301:1-3-04
Ohio Admin. Code 1301:1-3-04
Five Year Review (FYR) Dates: 11/22/2024
Promulgated Under: 119.03
Statutory Authority: 1121.03
Rule Amplifies: 1109.23, 1109.24
Prior Effective Dates: 05/29/1997, 02/18/2002, 02/03/2007, 08/06/2015