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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 1301:10-5-02 | Sale of property.

Ohio Administrative Code
/
1301:10
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Chapter 1301:10-5 | Disposition of Unclaimed Funds
 
Effective:
July 29, 2002
Promulgated Under:
119.03
PDF:
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(A) All securities and other intangible property transferred to the director of commerce pursuant to section 169.05 of the Revised Code shall be sold by the director at such time and place and in such manner as deemed reasonable. Neither the director nor any employee thereof shall in any way be liable to any person for any claimed loss resulting from the sale of securities or other intangible property.

(B) All proceeds received from the sale of property under paragraph (A) of this rule shall be credited to the account of the owner of the property.

Last updated September 8, 2023 at 11:29 AM

Supplemental Information

Authorized By: –
Amplifies: –
Five Year Review Date:
Prior Effective Dates: 12/20/1984, 10/14/1991