1301:9-1-02 Notice as to adoption, amendment or rescission of rules.

(A) Reasonable public notice shall be given in the register of Ohio at least thirty days prior to any hearing regarding the adoption, amendment or rescission of rules for credit unions.

(B) The notice shall include:

(1) A statement that the superintendent intends to consider adopting, amending, or rescinding a rule;

(2) A synopsis of the proposed rule, amendment, or rescission or a general statement of the subject matter to which the proposed rule, amendment, or rescission relates;

(3) A statement of the reason or purpose for adopting, amending or rescinding the rule; and

(4) The date, time and place of the hearing on the proposed action.

(C) The superintendent may determine it necessary to provide notice by a means other than that provided in paragraph (A) including:

(1) By publication in a financial institutions industry publication of general circulation in Ohio.

(2) By publication in one or more newspapers of general circulation in Ohio.

(3) By mailing notice to affected credit unions.

(D) In addition to the notice required by paragraph (B) of this rule, the division of credit unions shall mail a copy of the notice to any person who requests it and pays the expense of postage and copying.

Replaces: 1301:9-1-01

Effective: 07/01/2006

R.C. 119.032 review dates: 11/15/2010

Promulgated Under: 119.03

Statutory Authority: 1733.41

Rule Amplifies: 119.03

Prior Effective Dates: 9/1/79