§ 1125.01 Jurisdiction of court
§ 1125.03 Voluntary liquidation
§ 1125.04 Superintendent’s consent to voluntary liquidation
§ 1125.05 Continued supervision of voluntary dissolution
§ 1125.06 Submission of documents after completion of voluntary liquidation
§ 1125.09 Conditions necessary for appointment of conservator
§ 1125.10 Appointment of conservator
§ 1125.11 Filing certified copy of certificate of appointment
§ 1125.12 Powers of conservator
§ 1125.13 Conduct of business during conservatorship
§ 1125.14 Recommendation of conservator
§ 1125.17 Full and exclusive powers and procedures for liquidation of banks
§ 1125.18 Conditions necessary for taking possession of state bank property and business
§ 1125.19 Filing certified copy of certificate of appointment
§ 1125.20 Appointment as receiver to federal deposit insurance corporation
§ 1125.21 Title vested in receiver
§ 1125.22 Powers of receiver
§ 1125.23 Presenting and disposing of claims
§ 1125.24 Paying claims
§ 1125.25 Election to reject or ratify and assign executory contract
§ 1125.26 Subrogation rights of federal deposit insurance corporation
§ 1125.27 Receiver may appoint successor
§ 1125.28 Filing operates as automatic stay
§ 1125.29 Order declaring bank properly wound up and dissolved
§ 1125.30 Receiver may destroy records
§ 1125.33 Damages; immunity

Terms Used In Ohio Code > Chapter 1125 - Banks - Liquidations and Conservatorships

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bond: includes an undertaking. See Ohio Code 1.02
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • court: means the court of common pleas of the county in which the principal place of business of a state bank, as set forth in its articles of incorporation, is located or of any other county determined by the superintendent of financial institutions to be appropriate under the circumstances. See Ohio Code 1125.01
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • 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.
  • Executor: A male person named in a will to carry out the decedent
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Fiduciary: A trustee, executor, or administrator.
  • Grantor: The person who establishes a trust and places property into it.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • 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
  • 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.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
  • Personal property: All property that is not real property.
  • Property: means real and personal property. See Ohio Code 1.59
  • Rule: includes regulation. See Ohio Code 1.59
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • state: means the state of Ohio. See Ohio Code 1.59
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.