Ohio Code § 1109.33

§ 1109.33.

A state bank may apply to the superintendent of financial institutions for permission

to invest, subject to the conditions and requirements prescribed by the superintendent,

an amount, in the aggregate, not exceeding ten per cent of a stock state bank's paid-in

capital and surplus or a mutual state bank's retained earnings in the stock of banks

or corporations chartered or incorporated under the laws of the United States, including

section 25a of the “Federal Reserve Act of 1913,” 12 U.S.C. 611 , as amended, and principally engaged in international or foreign banking, or in banking

in a dependency or insular possession of the United States, either directly or through

the agency, ownership, or control of local institutions in foreign countries, dependencies,

or insular possessions.