Ohio Rev. Code § 135.702

Current with legislation from 2024 received as of August 15, 2024.
Section 135.702 - Accepting or rejecting a linked deposit savings package
(A) The treasurer of state may accept or reject a linked deposit savings package, or any portion of it, based on the treasurer of state's evaluation of the amount of state funds to be deposited with an eligible savings institution.
(B) Upon acceptance of the linked deposit savings package or any portion of it, the treasurer of state may place, purchase, or designate a linked deposit with the eligible savings institution at the discount interest rate, and in accordance with the deposit agreement required under section 135.703 of the Revised Code and the procedures established by the treasurer of state.
(C) Eligible savings institutions shall fully comply with this chapter.

R.C. § 135.702

Added by 135th General Assembly, HB 33,§130.110, eff. 10/3/2023.