Ohio Code 1112.09 – Transfer and assignment prohibited
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A family trust company‘s license to engage in trust business in this state is not transferable or assignable.
Terms Used In Ohio Code 1112.09
- Family trust company: means a corporation or limited liability company organized under the laws of this state that meets all of the following requirements:
(1) It is organized to serve only family clients. See Ohio Code 1112.01
- state: means the state of Ohio. See Ohio Code 1.59