NATL. CITY BANK v. WILKINS

Nos. 2005-1562, 2005-1563, 2005-1564, 2005-1565, and 2005-1566.

111 Ohio St.3d 485 (2006)

2006-Ohio-6110

NATIONAL CITY BANK, CLEVELAND, APPELLANT, v. WILKINS, TAX COMMR., APPELLEE. NATIONAL CITY BANK, NORTHWEST, APPELLANT, v. WILKINS, TAX COMMR., APPELLEE. NATIONAL CITY BANK, COLUMBUS, APPELLANT, v. WILKINS, TAX COMMR., APPELLEE. NATIONAL CITY BANK, NORTHEAST, APPELLANT, v. WILKINS, TAX COMMR., APPELLEE. NATIONAL CITY BANK, DAYTON, APPELLANT, v. WILKINS, TAX COMMR., APPELLEE.

Supreme Court of Ohio.

Decided December 6, 2006.


Attorney(s) appearing for the Case

Vorys, Sater, Seymour & Pease, L.L.P., Raymond D. Anderson, and David A. Froling, for appellants.

Jim Petro, Attorney General, and Barton A. Hubbard, Assistant Attorney General, for appellee.


O'DONNELL, J.

{¶ 1} The issue presented to us in this case concerns whether life-insurance policies owned by National City Bank appreciated when the insurance carriers declared a dividend or made an interest payment that National City chose to take in the form of additions to the cash surrender value of its policies. Pursuant to R.C. 5733.05(A)(4) as it existed during the years in question...

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