Ohio Code 1119.13 – Branch defined
Current as of: 2024 | Check for updates
|
Other versions
No foreign bank licensed under this chapter to operate a representative office or an agency shall use the term “branch” to identify that representative office or agency. A foreign bank may use the term “branch” in a description of a representative office or agency that the foreign bank has clearly identified as licensed as a representative office or agency, as the case may be, under this chapter.
Terms Used In Ohio Code 1119.13
- Foreign bank: includes , without limitation, a foreign commercial bank, foreign merchant bank, or other foreign institution that engages in banking activities usually conducted in connection with the business of banking in the country that granted its charter or countries where the foreign institution is operating. See Ohio Code 1119.01