Ohio Code 1109.45 – Investing in clearing corporation
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A state bank may invest in the shares of a clearing corporation as defined by section 1308.01 of the Revised Code.
Terms Used In Ohio Code 1109.45
- 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.
- state: means the state of Ohio. See Ohio Code 1.59