All assets, rights, obligations, and liabilities of a reorganizing mutual state bank that are not expressly retained by the mutual holding company shall be transferred to the resulting stock state bank.
Ohio Rev. Code Ann. § 1116.11
Transfer of assets and liabilities
Effective: January 1, 2018; Latest Legislation: House Bill 49 - 132nd General Assembly
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.