Effective: January 1, 2018
Latest Legislation: House Bill 49 - 132nd General Assembly
(A) To qualify as a director, each person elected or appointed to the board of directors shall, within sixty days after election or appointment, take and subscribe an oath to diligently and honestly perform the duties of a director and to not knowingly violate or permit to be violated any federal banking law or any provision of Chapters 1101. to 1127. of the Revised Code.
(B) Promptly upon execution, and within sixty days of the person's election or appointment, the oath shall be filed with the secretary of the state bank.
Structure Ohio Revised Code
Title 11 | Banks-Savings and Loan Associations
Chapter 1105 | Banks - Board of Directors
Section 1105.01 | Authority, Number, Terms and Classes of Directors.
Section 1105.02 | Qualifications of Board Members.
Section 1105.03 | Director Oath.
Section 1105.04 | Individual, Schedule, or Blanket Fidelity Bonds.
Section 1105.08 | Board and Committee Meetings.