This legal document, found in the Ohio Revised Code under the section for Banks-Savings and Loan Associations, specifically State Banks - Powers, governs the provision of safes, vaults, safe deposit boxes, and night depositories by banks to their customers. It allows banks to offer these secure receptacles to customers under terms and conditions set by the bank. Additionally, the document permits banks to receive tangible property and evidence of tangible or intangible property for safekeeping using their own secure receptacles, those of another bank or safekeeping agent, or through recognized title or registration systems.

This legal document, as per the Ohio Revised Code, grants banks the authority to accept deposits made by or on behalf of minors and open accounts in their name. The bank can also enter into agreements to rent safe deposit boxes to minors. Additionally, a minor can be appointed as an agent or deputy on any deposit or safe deposit box. When a bank enters into a deposit contract or safe deposit box rental agreement with a minor, the terms and conditions of the agreement are binding on the minor, and the relationship between the bank and the minor is the same as if the minor were of legal age.

This provision, found in the Ohio Revised Code under the section governing State Banks - Powers, addresses claims made to deposits, safe deposit boxes, property held in safekeeping, security, obligation, or other property in a bank’s possession or control. The bank is not obligated to recognize such claims unless certain conditions are met. These conditions include obtaining a court order from a court of competent jurisdiction, enjoining or restraining the bank from taking any action or instructing the bank to pay the balance of the account, provide access to the safe deposit box, or deliver the property as specified in the order.

All deposits of money, or its equivalent, made with a bank shall be entered on its books only in terms of money of the United States.

This legal document governs the extension of credit by state banks to their executive officers, directors, principal shareholders, or related interests. State banks are prohibited from extending credit to these individuals, except as authorized by this document and other relevant sections of the Ohio Revised Code. If credit is extended, it must be on the same terms as those offered to non-executive officers, directors, principal shareholders, or employees of the bank.

This legal document governs the extension of credit by state banks to their own executive officers. It prohibits state banks from extending credit to executive officers, except as authorized by this section or another specified section. Any extension of credit made under this section must meet certain conditions, including being reported to the bank’s board of directors, being on terms not more favorable than those offered to non-executive borrowers, and requiring a detailed financial statement from the executive officer.

This legal document governs the appointment of a receiver to the Federal Deposit Insurance Corporation (FDIC) in cases where certain conditions exist as per the Ohio Revised Code. The Superintendent of Financial Institutions is responsible for tendering the appointment as receiver to the FDIC if the state bank’s deposits are insured by the FDIC, or in other cases, the superintendent may tender the appointment. Once appointed, the FDIC as receiver is not required to post a bond and has the powers of a receiver as authorized by state or federal law.

Whenever the federal deposit insurance corporation pays or makes available for payment the insured deposit liabilities of a state bank, the federal deposit insurance corporation, whether or not it acts as receiver, shall be subrogated to the extent of the payments to all rights of depositors against the bank.

No regulated person shall receive, or permit to be received, money, checks, drafts, or other property as a deposit in a bank, when the regulated person knows the bank is insolvent.

This legal document, governed by the Uniform Commercial Code (UCC) section 3-104, defines and regulates negotiable instruments. A negotiable instrument is an unconditional promise or order to pay a fixed amount of money. It must meet certain requirements, such as being payable to bearer or order, payable on demand or at a definite time, and not containing any other undertakings or instructions beyond the payment of money. The document also provides definitions for related terms such as ’note,’ ‘draft,’ ‘check,’ ‘cashier’s check,’ ’teller’s check,’ ’traveler’s check,’ and ‘certificate of deposit.