1125.26 [Effective Until 1/1/2018] Subrogation rights of federal deposit insurance corporation.

Whenever the federal deposit insurance corporation pays or makes available for payment the insured deposit liabilities of a bank, the federal deposit insurance corporation, whether or not it acts as receiver, shall be subrogated to the extent of the payments to all rights of depositors against the bank.

Effective Date: 01-01-1997 .

Note: This section is set out twice. See also § 1125.26, as amended by 132nd General Assembly File No. TBD, HB 49, §130.21, eff. 1/1/2018.