1301:9-3-07 Communication with regulatory significance.

Written communication with regulatory significance from a credit union supervisory authority of another state to the credit union share guaranty corporation, as set forth in division (C) of section 1761.06 of the Revised Code, shall mean any correspondence, examination reports, supervisory agreements, or orders or any other document received by a credit union share guaranty corporation from a credit union supervisory authority pertaining to:

(A) A participating credit union with a capital, assets, management, earnings and liquidity (CAMEL) rating, or its equivalent, of four or below;

(B) A participating credit union placed under a supervisory agreement or under any order; or

(C) A participating credit union considered substandard by the credit union share guaranty corporation or the state regulatory authority.

Five Year Review (FYR) Dates: 01/11/2016 and 01/11/2021
Promulgated Under: 119.03
Statutory Authority: 1761.04
Rule Amplifies: 1761.06
Prior Effective Dates: None