Ohio, United States, regional Obligatory referendum [LOR] - Election on authorizing associations with banking power

General Typology

Instrument
Obligatory referendum [LOR]
Location
Ohio, USA
Political level
regional
Local Name:
Election on authorizing associations with banking power
Normative Level:
constitutional
Legally Binding:
yes
Legally Defined:

Article XII: Finance and Taxation

Acts authorizing associations with banking powers; referendum.

§7 No act of the General Assembly, authorizing associations with banking powers, shall take effect until it shall be submitted to the people, at the general election next succeeding the passage thereof, and be approved by a majority of all the electors, voting at such election.

Source: Constitution of the State of Ohio (accessed 4 August 2017)

Subject Matter:

Authorizing associations with banking power

Actors

Author:
Legislature
Initiator:
Law
Decision maker:
Electorate

Requirements

Available Time:
Turnout Quorum:
Legal source does not mention turnout quorum
Approval Quorum:
Majority of voters
Geographical Quorum:
Legal source does not mention geographical quorum
Excluded Issues:
Other Formal Requirements:

Procedural Elements

Wording Of Ballot Question:
Interaction With Authorities:
Supervision And Support:
Transparency And Finance:

Practice

Archive:
Remarks: