1301:10-3-07 Funds constituting unclaimed funds.

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