Ohio Code § 1112.20

Ohio Code § 1112.20. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1112.20.

(A) Any licensed family trust company is subject to all powers of, and remedies and sanctions

available to, the superintendent of financial institutions and the division of financial

institutions under Chapters 1101. to 1127. of the Revised Code, in addition to the

specific powers, remedies, and sanctions provided for in this chapter. (B)(1) With regard to a licensed family trust company, “ regulated person ,” as used in division (B) of this section, means a director, officer, employee, or

controlling shareholder of or agent for the licensed family trust company or a person

who participates in the management of the licensed family trust company, whether or

not the person is assigned to an office of the licensed family trust company in this

state or specifically to the licensed trust company's trust business in this state. (2) An order to cease and desist issued under section 1121.32 of the Revised Code , a removal or prohibition order issued under section 1121.33 of the Revised Code , or a suspension order issued under section 1121.34 of the Revised Code , which order is issued against a regulated person who is a regulated person because

of the person's relationship with a licensed family trust company doing trust business

in this state, does not affect the relationship between the regulated person and the

licensed family trust company except as it relates to the conduct of the licensed

family trust company's trust business in this state.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 1112.20
  • 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 § 1112.20?

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 § 1112.20 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 § 1112.20 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?

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