Ohio Code § 1109.16
Ohio Code § 1109.16. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1109.16.
(A) The superintendent of financial institutions shall adopt rules prescribing standards
for extensions of credit that are either of the following: (1) Secured by liens on interests in real estate; (2) Made for the purpose of financing the construction of either a building or improvements
to real estate. (B) In prescribing the standards required by division (A) of this section, the superintendent
shall consider all of the following: (1) The risk the extensions of credit pose to the federal deposit insurance funds; (2) The need for state banks to operate in a safe and sound manner; (3) The availability of credit; (4) Any other factors the superintendent considers appropriate. (C) In prescribing the standards required by division (A) of this section, the superintendent
may differentiate among types of loans on the basis of any of the following: (1) Statutory requirements; (2) Risk to the federal deposit insurance funds; (3) The safety and soundness of state banks. (D) The superintendent shall not adversely evaluate an investment or a loan made by a
state bank, or consider a loan to be nonperforming, solely because the loan is secured
by or the investment is in commercial, residential, or industrial property, unless
the investment or loan may affect the bank's safety and soundness.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1109.16
- 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 § 1109.16?
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 § 1109.16 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 § 1109.16 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Statutes are amended, repealed, and renumbered every session.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.