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Regards depository institutions, banks, LLCs, and the UCC

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To amend sections 1101.01, 1309.201, 1315.02, and 5726.01 and to enact sections 1120.01, 1120.02, 1120.03, 1120.04, 1120.05, 1120.06, 1120.07, 1120.08, 1120.09, 1120.10, 1120.11, 1120.14, 1120.15, 1120.16, 1120.17, 1120.171, 1120.18, 1120.19, 1120.20, 1120.21, 1120.22, 1120.23, 1120.24, 1120.25, 1120.26, 1308.62, 1309.801, 1314.01, 1314.02, 1314.03, 1314.04, 1706.90, 1706.901, 1706.902, 1706.903, 1706.904, 1706.905, 1706.906, 1706.907, 1706.908, 1706.909, 1706.9010, 1706.9011, and 1706.9012 of the Revised Code to create a special purpose depository institution charter, to provide for the formation and management of decentralized autonomous organization LLCs, to amend the Uniform Commercial Code to address the classification of and perfection of security interests in digital assets, and to allow banks to provide custodial services of digital assets.

Current Version

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Primary Sponsors

Mark Fraizer
Tom Young

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