Ohio Code § 1111.02

§ 1111.02.

(A) Except as provided in division (B) of this section, no person shall solicit or engage

in trust business in this state except a corporation that is one of the following: (1) A corporation licensed under section 1111.06 of the Revised Code that is one of the following: (a) A state bank; (b) A bank authorized to accept and execute trusts and doing business under authority

granted by the bank chartering authority of another state or country; (c) A corporation organized under the laws of another state or country and authorized

to accept and execute trusts in that state or country. (2) A national bank or federal savings association authorized to accept and execute trusts

and doing business under authority granted by the office of the comptroller of the

currency. (B) This chapter shall not apply to a corporation that is incorporated under the laws

of another state or the United States, has its principal place of business in another

state, is currently qualified to do and is engaging in trust business in the state

where the corporation has its principal place of business, and is doing any of the

following: (1) Serving as ancillary executor or administrator of property in this state that is

in the estate of a decedent, after appointment as executor or administrator of the

estate by the courts of the decedent's state of residence; (2) As trustee, acquiring, holding, or transferring a security interest in lands or other

property in this state, by mortgage, deed of trust, or other instrument, to secure

any evidence of indebtedness; (3) Certifying to any evidence of indebtedness.