Effective: September 14, 2016
Latest Legislation: House Bill 229 - 131st General Assembly
Not more than one place of business shall be maintained under the same license issued under this chapter, but the superintendent of financial institutions may issue additional licenses to the same licensee. For every additional place of business in this state, the licensee shall submit an application in the form prescribed by the superintendent and pay a one-time nonrefundable fee of five hundred dollars. For every additional place of business outside of this state, the licensee shall give written notice thereof to the superintendent.
Structure Ohio Revised Code
Title 11 | Banks-Savings and Loan Associations
Chapter 1112 | Ohio Family Trust Company Act
Section 1112.01 | Definitions.
Section 1112.02 | Applicability to Family Trust Company.
Section 1112.04 | Powers of Family Trust Company.
Section 1112.05 | Family Trust Company Acting as Fiduciary of a Trust.
Section 1112.07 | Application for License.
Section 1112.08 | Issuance of License.
Section 1112.09 | Transfer and Assignment Prohibited.
Section 1112.10 | More Than One Place of Business.
Section 1112.11 | Limitation of Powers Before Licensure.
Section 1112.12 | Pledge of Securities.
Section 1112.13 | Fidelity Bonds; Liability Insurance.
Section 1112.14 | Duties of Licensed Family Trust Company.
Section 1112.15 | Board Meetings.
Section 1112.16 | Other Licensing and Regulation Requirements.
Section 1112.17 | Voluntary Surrender of License.
Section 1112.18 | Recordkeeping.
Section 1112.19 | Retention and Reproduction of Documents.
Section 1112.20 | Remedies and Sanctions.
Section 1112.22 | Examination of Records and Affairs.
Section 1112.23 | Confidentiality.
Section 1112.24 | Failure to Comply With Chapter or Refusal to Allow Inspection.
Section 1112.26 | Taking Possession by Superintendent.
Section 1112.27 | Ownership Interest by Superintendent Prohibited.
Section 1112.28 | Adoption of Rules.
Section 1112.99 | Penalty for Divulgence of Confidential Material.