reglab/housing_qa huggingface dataset:
Ohio Rev Code § 1109.441 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.441 | Additional Investment Authority.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|Only for investments made under section 1109.44 of the Revised Code may a state bank invest in securities pursuant to section 1109.39 of the Revised Code or make investments pursuant to section 1109.40 of the Revised Code that result in any of the following:(A) The state bank, directly or indirectly, or acting through one or more other persons, owning, controlling, or having the power to vote twenty-five per cent or more of any class of voting securities of the company in which the investment is being made;(B) The state bank controlling in any manner the election of a majority of the directors or trustees of the company in which the investment is being made;(C) As determined by the superintendent of financial institutions after notice and opportunity for a hearing, the state bank directly or indirectly exercising a controlling influence over the management or policies of the company in which the investment is being made.
Ohio Rev Code § 1109.45 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.45 | Investing in Clearing Corporation.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|A state bank may invest in the shares of a clearing corporation as defined by section 1308.01 of the Revised Code.
Ohio Rev Code § 1109.47 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.47 | Limiting Investing in One Issuer.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|(A) Except as provided in division (B) of this section, a state bank shall not invest more than fifteen per cent of its capital in the shares, obligations, or other securities of any one issuer.(B) Division (A) of this section does not apply to any of the following:(1) Bonds or other obligations enumerated in divisions (A)(1) to (6) of section 1109.32 of the Revised Code;(2) Investment in a bank subsidiary corporation engaged solely in the business of holding title to real estate described in division (A) of section 1109.31 of the Revised Code;(3) Obligations or securities, other than stock, of the federal national mortgage association, the student loan marketing association, the government national mortgage association, or the federal home loan mortgage corporation, or their successors;(4) Common and preferred stock, obligations, and other securities of one domestic reinsurance company with the written permission of the superintendent of financial institutions as required by division (B) of section 1109.34 of the Revised Code;(5) Shares, obligations, securities, or other interests of any other issuer with the written approval of the superintendent.(C) For purposes of this section, no purchase by a state bank of stock in a federal reserve bank or federal home loan bank is an investment.(D) If a state or political subdivision of a state issues securities, acting solely as a conduit for the transmission of the proceeds of the sale of the securities to one or more private entities for economic development purposes and to be repaid solely by the private entity or entities that received the proceeds of the sale of the securities, then both of the following apply for purposes of determining the amount a state bank may invest in accordance with division (A) of this section:(1) The securities are obligations of the private entity or entities in proportion to their receipt of the proceeds.(2) The securities are not obligations of the issuing state or political subdivision.
Ohio Rev Code § 1109.48 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.48 | Investing in Firms Owned and Controlled by Minorities or Women.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|In exercising its investment authority, a state bank shall give equal consideration to investments that involve firms owned and controlled by minorities and firms owned and controlled by women, either alone or in joint venture with other firms, where the investments offer quality, return, and safety comparable to other investments currently available to the bank.
Ohio Rev Code § 1109.49 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.49 | Furnishing Financial Information to Superintendent.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|A state bank investing in the securities of a bank or corporation pursuant to this chapter shall furnish information concerning the financial condition of the bank or corporation to the superintendent of financial institutions upon the superintendent's demand.
Ohio Rev Code § 1109.55 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.55 | Permitted Transactions With Affiliate.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|(A) A state bank and its subsidiaries may engage in any of the transactions described in division (B) of this section only if one of the following applies:(1) The transaction is on terms and under circumstances, including credit standards, that are substantially the same, or at least as favorable to the bank or its subsidiary, as those prevailing at the time for comparable transactions with or involving other nonaffiliated companies.(2) In the absence of comparable transactions, the transaction is on terms and under circumstances, including credit standards, that in good faith would be offered to, or would apply to, nonaffiliated companies.(B) Division (A) of this section applies to all of the following:(1) A covered transaction with an affiliate;(2) The sale of securities or other assets to an affiliate, including assets subject to an agreement to repurchase;(3) The payment of money or the furnishing of services to an affiliate under contract, lease, or otherwise;(4) Any transaction in which an affiliate acts as an agent or broker or receives a fee for its services to the bank or to any other person.(C) No state bank or its subsidiary shall do either of the following:(1) Purchase as fiduciary any securities or other assets from an affiliate unless the purchase is permitted by one of the following:(a) The instrument creating the fiduciary relationship;(b) A court order;(c) The law of the jurisdiction governing the fiduciary relationship.(2) Whether acting as principal or fiduciary, knowingly purchase or otherwise acquire, during the existence of any underwriting or selling syndicate, any security if a principal underwriter of the security is an affiliate.Division (C)(2) of this section does not apply if the purchase or acquisition of the securities has been approved, before the securities are initially offered for sale to the public, by a majority of the directors of the bank who are not officers or employees of the bank or any of its affiliates.(D) No state bank or affiliate or subsidiary of a state bank shall publish any advertisement or enter into any agreement stating or suggesting the bank shall in any way be responsible for the obligations of its affiliates.(E) For purposes of division (C) of this section:(1) "Principal underwriter" means any underwriter, in connection with a primary distribution of securities, that is any of the following:(a) In privity of contract with the issuer or an affiliated person of the issuer;(b) Acting alone or in concert with one or more other persons, initiates or directs the formation of an underwriting syndicate;(c) Allowed a rate of gross commission, spread, or other profit greater than the rate allowed another underwriter participating in the distribution.(2) "Security" has the same meaning as in section 3(a)(10) of the "Securities Exchange Act of 1934," 48 Stat. 881, 15 U.S.C. 78c(a)(10), as amended.
Ohio Rev Code § 1109.56 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.56 | Rules for Transactions With Affiliates.

Effective: January 1, 1997|Latest Legislation:  House Bill 538 - 121st General Assembly|Pursuant to the authority of section 1121.03 of the Revised Code, the superintendent of financial institutions may adopt rules to administer and carry out the purposes of sections 1109.53, 1109.54, and 1109.55 of the Revised Code, including rules that do any of the following:(A) Further define terms used in sections 1109.53, 1109.54, and 1109.55 of the Revised Code;(B) If the superintendent finds them to be in the public interest and consistent with the purposes of sections 1109.53, 1109.54, and 1109.55 of the Revised Code:(1) Exempt transactions or relationships from the requirements of sections 1109.53, 1109.54, and 1109.55 of the Revised Code;(2) Exclude any subsidiary of a bank holding company from the definition of affiliate for purposes of sections 1109.53, 1109.54, and 1109.55 of the Revised Code.
Ohio Rev Code § 1109.59 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.59 | Authority to Borrow.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|A state bank may borrow money in any sum consistent with safety and soundness. Borrowing by means of the issuance of debt securities is subject to the approval of the superintendent of financial institutions in accordance with section 1107.05 of the Revised Code.
Ohio Rev Code § 1109.61 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.61 | Paying Management and Consulting Fees.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|No state bank shall contract to pay, or pay to any person, any fees for management or consulting services, including fees for legal, accounting, brokerage, or other similar professional services, that do not have a direct relationship to the value of the services rendered or to be rendered, based on reasonable costs consistent with current market values for services of the kind contracted for.
Ohio Rev Code § 1109.62 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.62 | Selling Insurance.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|A state bank may engage in the business of selling insurance through a subsidiary insurance agency subject to licensing under the law of this state and the law of every other state in which services are provided by the bank or its subsidiary.
Ohio Rev Code § 1109.63 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.63 | Coin and Bullion.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|A state bank may buy, sell, and exchange coin and bullion.
Ohio Rev Code § 1109.64 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.64 | Travel Services.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|Subject to the limitations and restrictions of Chapters 1101. to 1127. of the Revised Code, a state bank shall have the power to do both of the following:(A) Operate travel agencies;(B) Engage in the sale of tickets for passage on common carriers, such as airlines, railroads, ships, and buses, to points within and outside the United States.
Ohio Rev Code § 1109.65 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.65 | Tax Certificate Purchase.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|In order to protect its interest in a property, a state bank may purchase a tax certificate under section 5721.32 or 5721.33 of the Revised Code.
Ohio Rev Code § 1109.68 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.68 | Using Copying or Reproduction Processes.

Effective: January 1, 1997|Latest Legislation:  House Bill 538 - 121st General Assembly|(A) A bank may, for any business purpose, retain a document, paper, or other instrument or record by use of a process to record, copy, photograph, or store a representation of the original document, paper, or other instrument or record, if all of the following apply:(1) The process correctly and accurately copies or reproduces, or provides a means for correctly and accurately copying or reproducing, the original document, paper, or other instrument or record with regard to both its substance and appearance, except the copy or reproduction need not reflect the original paper or other medium, size, or color, unless the medium, size, or color is necessary to establish the authenticity of the original.(2) The process does not permit the recording, copy, photographic image, or stored representation of the original document, paper, or other instrument or record to be altered or manipulated.(3) Any medium the process uses to record, copy, photograph, or store a representation of the original document, paper, or other instrument or record is a durable medium for retaining and reproducing records.(B) The superintendent of financial institutions shall identify and publish a list of processes that satisfy the conditions of division (A) of this section.(C) Each bank that uses a process authorized by this section to preserve any of its records shall also provide for safekeeping and for examining, viewing, or projecting the records preserved, and for producing reproductions of the original records.(D) Recordings, copies, photographic images, or stored representations of original documents, papers, or other instruments or records made in accordance with this section, or reproductions of original documents, papers, or other instruments or records produced from recordings, copies, photographic images, or stored representations made in accordance with this section, when properly identified by the officer by whom or under whose supervision they were made or who has custody of them, have the same effect at law as the original records or records made by any other legally authorized means. They may be offered in the same manner and shall be received in evidence in any court where the original records, or records made by other legally authorized means, could have been introduced and received. Certified or authenticated duplicates of recordings, copies, photographic images, or stored representations of original documents, papers, or other instruments or records made in accordance with this section, or of reproductions of original documents, papers, or other instruments or records produced from recordings, copies, photographic images, or stored representations made in accordance with this section, shall be admitted in evidence in the same manner as the original documents, papers, or other instruments or records.
Ohio Rev Code § 1109.73 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.73 | Proceeding for Partition.

Effective: January 1, 1997|Latest Legislation:  House Bill 538 - 121st General Assembly|The interests of any tenants in common, survivorship tenants, or coparceners of any tangible or intangible personal property may be partitioned under this section pursuant to a partition proceeding. A proceeding for partition under this section may be filed in the court of common pleas of any county in which any co-owner resides. If a partition proceeding is filed and the court finds that partition of the interests in question should be made, the court shall order the sale of the property and division of the proceeds among the co-owners or shall partition the property among the co-owners. The division of the proceeds or partitioning of the property shall be either in proportion to the net contributions by each co-owner to the total property or as the court finds to be equitable and practicable.
Ohio Rev Code § 1109.75 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1109 | State Banks - Powers|Section 1109.75 | Securitization.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Notwithstanding any other provision of law, to the extent set forth in the transaction documents relating to a securitization:(1) Any property, assets, or rights purported to be transferred, in whole or in part, in a securitization shall be deemed to no longer be the property, assets, or rights of the transferor.(2) A transferor in a securitization, the transferor's creditors, or a bankruptcy trustee, receiver, or similar person in an insolvency proceeding involving the transferor shall have no rights whatsoever to reacquire, reclaim, recover, redeem, or recharacterize as property of the transferor any property, assets, or rights purported to be transferred, in whole or in part, by the transferor.(3) In the event of the transferor's bankruptcy, receivership, or other insolvency proceedings, the property, assets, or rights purported to have been transferred by the transferor, in whole or in part, in a securitization shall not be deemed to be part of the transferor's property, assets, rights, or estate.(B) Nothing contained in this section shall be deemed to require any securitization transaction to be treated as a sale for federal or state tax purposes or to preclude the treatment of any securitization transaction as a debt for federal or state tax purposes.(C) As used in this section, "securitization" means a transfer of financial assets by a financial institution insured by the federal deposit insurance corporation (FDIC) to a special purpose entity established to issue securities supported by the financial assets to investors.
Ohio Rev Code § 1111.02 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1111 | Trust Companies|Section 1111.02 | Authority to Solicit or Engage in Trust Business.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|(A) Except as provided in division (B) of this section, no person shall solicit or engage in trust business in this state except a corporation that is one of the following:(1) A corporation licensed under section 1111.06 of the Revised Code that is one of the following:(a) A state bank;(b) A bank authorized to accept and execute trusts and doing business under authority granted by the bank chartering authority of another state or country;(c) A corporation organized under the laws of another state or country and authorized to accept and execute trusts in that state or country.(2) A national bank or federal savings association authorized to accept and execute trusts and doing business under authority granted by the office of the comptroller of the currency.(B) This chapter shall not apply to a corporation that is incorporated under the laws of another state or the United States, has its principal place of business in another state, is currently qualified to do and is engaging in trust business in the state where the corporation has its principal place of business, and is doing any of the following:(1) Serving as ancillary executor or administrator of property in this state that is in the estate of a decedent, after appointment as executor or administrator of the estate by the courts of the decedent's state of residence;(2) As trustee, acquiring, holding, or transferring a security interest in lands or other property in this state, by mortgage, deed of trust, or other instrument, to secure any evidence of indebtedness;(3) Certifying to any evidence of indebtedness.
Ohio Rev Code § 1111.03 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1111 | Trust Companies|Section 1111.03 | Authority of National Bank or Federal Savings Association.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|(A) Notwithstanding any other provision of the Revised Code, any national bank or federal savings association that has been granted fiduciary powers by the office of the comptroller of the currency may act in this state as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, or in any other fiduciary capacity in which trust companies qualified and licensed under section 1111.06 of the Revised Code are authorized to act in this state. For such purpose, a national bank or federal savings association shall have the same powers and rights, including but not limited to, the same right to make and accept transfers of fiduciary appointments, as are granted by the laws of this state to trust companies qualified and licensed under section 1111.06 of the Revised Code, and may solicit trust business, accept trust deposits, and maintain nonbranch trust offices in this state. A national bank or federal savings association shall not, by virtue of conducting such trust activity in this state, be subject to examination or inspection by the superintendent of financial institutions, nor shall it be required to obtain any approval, authorization, licenses, or certification from, or pay any fee or assessment to, the superintendent in order to conduct trust activities in this state.(B) Notwithstanding the provisions of division (A) of this section, section 1111.04, division (B) of section 1111.07, and section 1111.08 of the Revised Code shall apply to national banks and federal savings associations.
Ohio Rev Code § 1111.05 (2021)
2021 Ohio Revised Code|Title 11 | Banks-Savings and Loan Associations|Chapter 1111 | Trust Companies|Section 1111.05 | Individual, Schedule, or Blanket Fidelity Bonds for Employees and Officers.

Effective: January 1, 1997|Latest Legislation:  House Bill 538 - 121st General Assembly|Prior to soliciting or engaging in trust business in this state, and at all times while engaging in trust business in this state, a trust company shall have all of the following:(A) Individual, schedule, or blanket fidelity bonds in favor of the trust company covering each of the trust company's employees and officers in an amount reasonable for the size and nature of the trust company's business;(B) Capital, in combination with other financial support such as insurance in favor of the trust company against errors and omissions by any of the trust company's employees and officers, adequate for the size and nature of the trust company's business;(C) Management and personnel adequate in number and qualifications for the size and nature of the trust company's business.