Ohio Code § 1125.01

Ohio Code § 1125.01. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1125.01.

(A) As used in this chapter, “ court ” means the court of common pleas of the county in which the principal place of business

of a state bank, as set forth in its articles of incorporation, is located or of any

other county determined by the superintendent of financial institutions to be appropriate

under the circumstances. (B) The court shall have exclusive original jurisdiction of any action or proceeding

relating to or arising out of the taking of possession of the property and business

of a state bank under this chapter, whether before or after the bank is wound up and

dissolved, as well as any action or other proceeding brought under this chapter. (C) Whenever the approval of the court is required for any act under this chapter, that

approval may be given with or without a hearing held upon whatever notice, if any,

the court may direct, unless otherwise provided in this chapter.  At a hearing, the court, by order, may approve the actions petitioned.

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

At a glance

  • Citation: Ohio Revised Code § 1125.01
  • 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:

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Common questions

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