Ohio Code § 1111.05

§ 1111.05.

Prior to soliciting or engaging in trust business in this state, and at all times

while engaging in trust business in this state, a trust company shall have all of

the following: (A) Individual, schedule, or blanket fidelity bonds in favor of the trust company covering

each of the trust company's employees and officers in an amount reasonable for the

size and nature of the trust company's business; (B) Capital, in combination with other financial support such as insurance in favor of

the trust company against errors and omissions by any of the trust company's employees

and officers, adequate for the size and nature of the trust company's business; (C) Management and personnel adequate in number and qualifications for the size and nature

of the trust company's business.