Chapter 1301:2-2 - Reserve Funds

1301:2-2-01 Net worth requirement.

Net worth as referred to in section 1151.33 of the Revised Code shall consist of tier 1 capital as defined by 12 C.F.R. Part 324, as in effect on July 15, 2015.

Effective: 5/28/2016
Five Year Review (FYR) Dates: 03/11/2016 and 05/28/2021
Promulgated Under: 119.03
Statutory Authority: 1155.20
Rule Amplifies: 1151.33
Prior Effective Dates: 12/27/84, 1/17/92, 6/3/04, 8/9/10

1301:2-2-02 [Rescinded] Reserve requirement.

Effective: 08/09/2010
R.C. 119.032 review dates: 04/14/2010
Promulgated Under: 119.03
Statutory Authority: 1155.20
Rule Amplifies: 1151.33
Prior Effective Dates: 12-27-84, 1-17-92, 6-3-04