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

Rule 1301:8-3-23 | Interpretation.

 

The language contained in division (H)(1)(a) of section 1321.57 of the Revised Code permits registrants to use funds received from borrowers, in amounts authorized by law to record, file or release security interest and mortgages on a loan for purposes either of purchasing insurance to insure the registrant against losses for failure to record or file or creating a self-insurance fund to reimburse the registrant against losses for failure to record or file.

Supplemental Information

Authorized By: 1321.54(A)
Amplifies: 1321.54, 1321.59
Five Year Review Date: 8/4/2017
Prior Effective Dates: 4/1/1990, 11/30/1997