Effective: January 1, 2018
Latest Legislation: House Bill 49 - 132nd General Assembly
(A) Instead of a treasurer, as required by section 1701.64 of the Revised Code, a state bank may have a cashier, controller, comptroller, or other officer whose authority and duties the superintendent of financial institutions determines are essentially equivalent to those of a treasurer.
(B) For any state bank that has a cashier, controller, comptroller, or other officer instead of a treasurer, as authorized by division (A) of this section, the cashier, controller, comptroller, or other officer may execute, acknowledge, or verify any instrument or take any other action that by law a treasurer of the state bank would be authorized to execute, acknowledge, verify, or take.
Structure Ohio Revised Code
Title 11 | Banks-Savings and Loan Associations
Chapter 1103 | State Banks - Corporate Governance
Section 1103.02 | Legal Existence of State Banks.
Section 1103.03 | Authority of State Bank Board of Directors.
Section 1103.18 | Officer Equivalent to Treasurer.
Section 1103.19 | Two Authorized Signatures Required.