Effective: January 1, 2018 Latest Legislation: House Bill 49 - 132nd General Assembly With the prior written approval of the superintendent of financial institutions, a stock state bank may purchase its own shares in accordance with section 1701.35 of the Revised Code.(B) A stock state bank that acquires shares of its stock shall retire or dispose of the shares at the time and in the manner required by the superintendent.
Ohio Legal Code