Subject to division (B) of section 169.01 of the Revised Code, service charges imposed by financial organizations upon deposits, instruments or other accounts, based on inactivity or failure to present a claim which would be waived upon a claim by the owner of the funds, constitutes unclaimed funds under division (A) of section 169.02 of the Revised Code.
R.C. 119.032 review dates: 10/24/2007 and 10/24/2012
Promulgated Under: 119.032
Statutory Authority: 169.09
Rule Amplifies: 169.02
Prior Effective Dates: 12/20/84