Ohio Code § 1113.02
Ohio Code § 1113.02. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1113.02.
(A) Five or more natural persons, at least one of whom is a resident of this state, may,
with the approval of the superintendent of financial institutions, incorporate a stock
state bank. (B) The persons proposing to incorporate a stock state bank shall apply for approval
of the proposed bank by submitting the application prescribed by the superintendent,
which application shall include all of the following: (1) The proposed articles of incorporation and code of regulations; (2) An application for reservation of a name in accordance with section 1103.07 of the Revised Code , if reservation is desired by the incorporators and has not been previously filed; (3) The location and a description of the proposed initial banking office; (4) Information to demonstrate the proposed bank will satisfy the requirements of division
(C) of section 1113.03 and any other provision of the Revised Code identified by the
superintendent; (5) Any other information the superintendent requires. (C) Notwithstanding division (A) of this section, a corporation may act as the sole incorporator
of a stock state bank if either of the following applies: (1) The corporation is registered with the board of governors of the federal reserve
system as a bank holding company; (2) The superintendent determines the corporation is intending to form either of the
following: (a) A stock state bank that functions solely in a trust or fiduciary capacity and that
meets all of the requirements set forth in section 2(c)(2)(D) of the “Bank Holding
Company Act of 1956,” 70 Stat. 133, 12 U.S.C. 1841(c)(2)(D) , as amended; (b) A stock state bank that engages only in credit card operations, does not accept demand
deposits or deposits that the depositor may withdraw by check or similar means for
payment to third parties or others, does not accept any savings or time deposit of
less than one hundred thousand dollars, maintains only one office that accepts deposits,
and does not engage in the business of making commercial loans.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1113.02
- 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 § 1113.02?
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 § 1113.02 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 § 1113.02 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.