Ohio Code § 1116.02
Ohio Code § 1116.02. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1116.02.
(A) A mutual holding company and any subsidiary of a mutual holding company shall be
created, organized, and governed, and its business shall be conducted, in all respects
in the same manner as is provided under Chapter 1701. of the Revised Code, for corporations
generally, to the extent that it is not inconsistent with this chapter, Chapters 1101.
to 1115., and Chapters 1117. to 1127. of the Revised Code or the rules adopted under
those chapters. (B) A mutual holding company and any subsidiary of a mutual holding company organized
under this chapter is subject to all powers, remedies, and sanctions provided to the
superintendent of financial institutions and the division of financial institutions
by Chapters 1101. to 1127. of the Revised Code. (C) Notwithstanding division (A) of this section, a nonbank subsidiary of a mutual holding
company may be organized under the general corporate laws of another state of the
United States.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1116.02
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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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 § 1116.02?
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 § 1116.02 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 § 1116.02 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Statutes are amended, repealed, and renumbered every session.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.
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