Section 1123.03 | Banking commission - duties.
The banking commission shall do all of the following:
(A) Make recommendations to the deputy superintendent for banks and the superintendent of financial institutions on the business of banking;
(B) Consider and make recommendations on any matter the superintendent or deputy superintendent submits to the commission for that purpose;
(C) Pass upon and determine any matter the superintendent or deputy superintendent submits to the commission for determination;
(D) Consider and determine whether to confirm the annual schedule of assessments proposed by the superintendent in accordance with section 1121.29 of the Revised Code;
(E) Determine whether to increase the schedule of assessments as provided in division (A)(3) of section 1121.29 of the Revised Code;
(F) Determine, as provided in division (D) of section 1121.12 of the Revised Code, both of the following:
(1) Whether there is reasonable cause to believe that there is a significant risk of imminent material harm to the bank;
(2) Whether the examination of the bank holding company is necessary to fully determine the risk to the bank, or to determine how best to address the risk to the bank.
Available Versions of this Section
- January 1, 1997 – House Bill 670 - 121st General Assembly [ View January 1, 1997 Version ]
- December 22, 2015 – House Bill 340 - 131st General Assembly [ View December 22, 2015 Version ]
- September 29, 2017 – Amended by House Bill 49 - 132nd General Assembly [ View September 29, 2017 Version ]