Ohio Rev. Code § 1107.07 (2026)

Par value of bank shares

✓ current as of May 2026

Find cases: SyfertCases citing this section ORCcodes.ohio.gov (official) Justiaon Justia CornellLII Search CasesGoogle Scholar

Effective:

January 1, 2018

Latest Legislation:

House Bill 49 - 132nd General Assembly

PDF:

Download Authenticated PDF

All stock state bank shares shall have par value, whether they are common shares or preferred shares.

Notes of Decisions

Cited in 3 cases, 1990–1991 · leading case: Goralsky v. Taylor, 571 N.E.2d 720 (Ohio 1991).

Sort: Relevance Newest Treatment

Goralsky v. Taylor, 571 N.E.2d 720 (Ohio 1991). · cites it 2× “Under R.C. 1107.07(A), where the trustee of a so-called Totten trust is deceased, the beneficiary may collect the amount of the deposit directly from the bank.”

Goralsky v. Taylor, 2 Ohio App. Unrep. 372 (Ohio Ct. App. 1990). · cites it 2× “In accordance with R.C. 1107.07, the funds in the trust account were at all times held for, and for the benefit of the Taylors.”

Fifth Third Bank v. Bowman, 1 Ohio App. Unrep. 396 (Ohio Ct. App. 1990). “R.C. 1107.07 allows deposits in trust for another.”

— Ohio Rev. Code § 1107.07(A) — 2 cases

Goralsky v. Taylor, 571 N.E.2d 720 (Ohio 1991). “Under R.C. 1107.07(A), where the trustee of a so-called Totten trust is deceased, the beneficiary may collect the amount of the deposit directly from the bank.”

Goralsky v. Taylor, 2 Ohio App. Unrep. 372 (Ohio Ct. App. 1990). “In accordance with R.C. 1107.07, the funds in the trust account were at all times held for, and for the benefit of the Taylors.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.