Ohio Code § 1109.01
Ohio Code § 1109.01. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1109.01.
(A) A state bank may use, exercise, and enjoy all of the powers, rights, and privileges
of a corporation as set forth in section 1701.13 of the Revised Code , unless otherwise provided in its articles of incorporation and except as otherwise
expressly limited by Chapters 1101. to 1127. of the Revised Code. The powers authorized under this division include the power to receive any property
of any description, or any interest in property, by gift, devise, or bequest, and
to make donations for the public welfare or for charitable, scientific, or educational
purposes. (B) A state bank may perform all acts necessary to carry into effect the powers authorized
by Title XI of the Revised Code and the purposes for which the bank was created.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1109.01
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1109.01?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1109.01 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1109.01 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.