State savings bank definition

State savings bank means a savings bank organized under or subject to Subtitle C. If the context requires, the term includes a savings bank organized under the laws of another state.

State savings bank means a depository institution organized and operated under this chapter or a corporation organized under federal law and converted so as to be operated under this chapter.

State savings bank means a savings bank chartered under the laws of Ohio and includes any savings bank holding company that has control of any such state savings bank, and any other company that controls a state savings bank.

Examples of State savings bank in a sentence

• The provisions of this Section do not apply to an established holding company acquiring control of a State savings bank if the transaction is subject to approval under the Federal Deposit Insurance Act, the federal Home Owners' Loan Act, or Section 3 of the federal Bank Holding Company Act.

• Authority to join federal reserve bank.A State savings bank may subscribe to the capital stock and become a member of a federal reserve bank.

• Deposit accounts as deposit of securities.Notwithstanding any restrictions or limitations contained in any law of this State, the deposit accounts of any State savings bank may be accepted by any agency, department, or official of this State in any case wherein the agency, department, or official acting in its official capacity requires that securities be deposited with the agency, department, or official.

• If any employee of the Savings Institutions Division has a loan or other note acquired by a State savings bank through the secondary market, the employee may continue with the debt until the loan or note is paid off.

• The 2004 Housing Act introduced mandatory licensing for Houses in Multiple Occupation (HMOs), where properties with five or more tenants occupying three or more stories would need a license.

More Definitions of State savings bank

State savings bank means any savings bank which has an existing savings bank charter issued pursuant to the provisions of the financial institutions codes.

State savings bank means a depository institution chartered under the laws of this State.

State savings bank means any savings bank which

State savings bank means a depository institution chartered under the

State savings bank means a savings bank organized and incorporated under the provisions of this chapter. A state savings bank shall not be subject to the provisions of this chapter applicable only to state associations.

State savings bank means a savings bank organized under or subject to the Texas Savings Bank Act (Article 489e, Vernon's Texas Civil Statutes).

State savings bank means a savings bank organized under or subject to Subtitle C. If the context requires, the term