§ 1121.01 Banks – superintendent’s powers definitions
§ 1121.02 Superintendent and deputy superintendent for banks – powers and duties
§ 1121.03 Adoption of administrative rules
§ 1121.05 Granting rights to financial institutions
§ 1121.06 Reducing disadvantage to Ohio bank or trust company
§ 1121.10 Examining records and affairs
§ 1121.101 Frequency of bank examinations
§ 1121.11 Alternate, joint or concurrent examinations
§ 1121.12 Examining person who, directly or indirectly, controls bank
§ 1121.13 Examining other corporate persons who, directly or indirectly, control banks
§ 1121.15 Maintaining books and accounts
§ 1121.16 Prohibited acts; violations
§ 1121.17 Executing documents
§ 1121.18 Confidentiality
§ 1121.19 Self-assessment report
§ 1121.21 Reporting condition and income
§ 1121.23 Criminal records check to be requested by superintendent
§ 1121.24 Fee; incomplete application or notice of proposed action or transaction
§ 1121.25 Request for confidentiality
§ 1121.26 Considering impact of proposed action or transaction
§ 1121.27 Reasonable and necessary conditions
§ 1121.29 Assessments
§ 1121.30 Banks fund
§ 1121.32 Notice of charges and intent to issue cease and desist order
§ 1121.33 Notice of charges and intent to remove regulated person from office or prohibit further participation
§ 1121.34 Issuing order suspending regulated person or temporarily prohibiting further participation
§ 1121.35 Civil penalty
§ 1121.37 Serving notice
§ 1121.38 Administrative hearing
§ 1121.39 Notice served within 6 years of resignation, termination or separation
§ 1121.41 Notice of charges and intent to issue supervision order
§ 1121.43 Monthly publication by superintendent of violations
§ 1121.45 Meeting with regulated persons
§ 1121.47 Superintendent – order and subpoena powers
§ 1121.48 Suits and court proceedings
§ 1121.50 Independent auditor
§ 1121.51 Action to secure condition of assets
§ 1121.52 Impaired capital
§ 1121.56 Immunity
§ 1121.61 Bona fide errors

Terms Used In Ohio Code > Chapter 1121

  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Another: when used to designate the owner of property which is the subject of an offense, includes not only natural persons but also every other owner of property. See Ohio Code 1.02
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fiduciary: A trustee, executor, or administrator.
  • Financial institution regulatory authority: includes a regulator of a business activity in which a bank or trust company is engaged, or has applied to engage in, to the extent that the regulator has jurisdiction over a bank or trust company engaged in that business activity. See Ohio Code 1121.01
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • in writing: includes any representation of words, letters, symbols, or figures; this provision does not affect any law relating to signatures. See Ohio Code 1.59
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Internet: means the international computer network of both federal and nonfederal interoperable packet switched data networks, including the graphical subnetwork known as the world wide web. See Ohio Code 1.59
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Oath: includes affirmation, and "swear" includes affirm. See Ohio Code 1.59
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Participating in the conduct of the affairs of a bank or trust company: means either making decisions or, directly or indirectly, taking actions that are management or policymaking in nature and generally within the scope of authority of the bank's or trust company's board of directors or executive officers. See Ohio Code 1121.01
  • Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
  • Property: means real and personal property. See Ohio Code 1.59
  • Quorum: The number of legislators that must be present to do business.
  • Regulated person: means any of the following:

    (1) A director, officer, or employee of or agent for a bank or trust company or a person who controls a state bank, foreign bank, or trust company. See Ohio Code 1121.01

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Rule: includes regulation. See Ohio Code 1.59
  • Service of process: The service of writs or summonses to the appropriate party.
  • state: means the state of Ohio. See Ohio Code 1.59
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Subpoena duces tecum: A command to a witness to produce documents.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Undertaking: includes a bond. See Ohio Code 1.02
  • United States: includes all the states. See Ohio Code 1.59
  • Whoever: includes all persons, natural and artificial; partners; principals, agents, and employees; and all officials, public or private. See Ohio Code 1.02
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.