Ohio Code § 1112.22

§ 1112.22.

(A) Not later than eighteen months after a licensed family trust company receives its

initial license under this chapter, and as often thereafter as the superintendent

of financial institutions considers necessary, but at least once each thirty-six-month

cycle, the superintendent, or any deputy or examiner appointed by the superintendent

for that purpose, shall thoroughly examine the records and affairs of the licensed

family trust company.  For purposes of the examination, the superintendent may require the attendance of,

and examine under oath, any governing board member, officer, manager, employee, or

agent of a licensed family trust company.  A licensed family trust company shall produce and make available all records or

other documents requested by the superintendent, in either electronic or paper form,

whether the examination is conducted at the office of the family trust company or

wholly or partially off-site. (B) The findings of any examination conducted under this section shall be recorded in

a written examination report that contains a full, true, and careful statement of

the condition of the licensed family trust company.  The superintendent shall provide a copy of the written examination report to the

governing board of the licensed family trust company. (C) A licensed family trust company being examined shall pay the expense of any examination

conducted under this section, including salaries, travel expenses, supplies, and equipment.