Ohio Rev. Code § 135.806

Current with legislation from 2024 received as of August 15, 2024.

Section 135.806 - Duties of lending institution on receipt of RC 135.805 certificate

Upon placement of a certificate of deposit with an eligible lending institution pursuant to an agreement described in section 135.805 of the Revised Code, the eligible lending institution shall do both of the following:

(A) Lend funds pursuant to the agreement to an eligible borrower;

(B) Comply fully with the requirements of sections 135.804 to 135.807 of the Revised Code.

R.C. §135.806

Effective Date: 3/30/2007.