Ohio Code § 1112.03
Ohio Code § 1112.03. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1112.03.
(A)(1) A family trust company may be, but is not required to be, licensed under this chapter. If a family trust company does not apply for a license under this chapter, it is
not subject to supervision by the superintendent of financial institutions, so long
as the family trust company meets the criteria as set forth in this chapter for an
unlicensed family trust company. It shall, however, before commencing operations as a family trust company and annually
thereafter, submit to the superintendent an affidavit signed by a senior officer of
the family trust company verifying that the family trust company meets all of the
requirements set forth under this chapter to transact business as an unlicensed family
trust company in this state. The superintendent may charge and collect a fee from the unlicensed family trust
company when the unlicensed family trust company files the affidavit with the superintendent. (2) If the superintendent requires a fee under division (A)(1) of this section, the superintendent
shall adopt rules in accordance with Chapter 119. of the Revised Code to establish
the amount of the fee. (B) Except as otherwise provided in this chapter, a family trust company licensed under
this chapter is not subject to any other chapter of Title XI of the Revised Code.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1112.03
- 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 § 1112.03?
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 § 1112.03 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 § 1112.03 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Statutes are amended, repealed, and renumbered every session.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.