Ohio Administrative Code Search

...(A) For the purchase of notes of liquidating other credit unions, notes made by individual members of a credit union may be purchased by another credit union at a price agreed upon by the credit unions and subject to the prior written approval of the superintendent. (B) Authorized investments and investment restrictions (1) A credit union may invest funds in securities or other property no...

...(A) The field of membership of a credit union may include the families of members; that is, persons related by blood, adoption or marriage to or living in the same household with a person having the common bond, as well as surviving spouses of persons who have left the field of membership in good standing. When the individual member of a credit union leaves the field of membership, all persons who are members by virt...

...(A) The field of membership of a credit union may include the families of members; that is, persons related by blood, adoption or marriage to or living in the same household with a person having the common bond, as well as surviving spouses of persons who have left the field of membership in good standing. When the individual member of a credit union leaves the field of membership, all persons who...

...(A) First mortgage purchase money real estate loans may be made only on a one to four family dwelling. (B) All appraisals required by rule for loans greater than four hundred thousand dollars shall be made by a certified or licensed independent appraiser who has satisfied the requirements of Chapter 4763. of the Revised Code and applicable rules or other comparable statute. (C) A credit union ma...

...(A) For purposes of this rule, "first-lien residential real estate loan" has the same meaning as in 12 C.F.R. 702.2, as in effect on November 1, 2023. (B) For purposes of this rule, a "non-conforming loan" means a loan which the credit union knows or has a reasonable basis to conclude is not eligible to be sold to either the federal naional mortgage association (Fannie Mae) or the federal home l...

...(A) A "member business loan" is defined as any loan, line of credit or letter of credit which will be used for commercial, corporate, business, investment property or venture, or agricultural purpose. Exceptions to this definition are: (1) Loans fully secured by a lien on an owner occupied one-to-four-family dwelling; (2) Loans fully secured by shares in the credit union or deposits in other financial institutions...

...(A) A "member business loan" is defined as any loan, line of credit or letter of credit which will be used for commercial, corporate, business, investment property or venture, or agricultural purpose. Exceptions to this definition are: (1) Loans fully secured by a lien on a one-to-four-family dwelling; (2) Loans fully secured by shares in the credit union or deposits in other financial insti...

...(A) All credit unions shall report any crime or suspected crime that occurs at its office(s), on the "Suspicious Activity Report" (SAR) form provided by the "Financial Crimes Enforcement Network" (FinCEN), within thirty calendar days after discovery of a suspicious activity. Each credit union shall follow the instructions and reporting requirements accompanying the SAR. (B) A SAR shall be complet...

...(A) All credit unions shall report any crime or suspected crime that occurs at its office(s), on the "Suspicious Activity Report" (SAR) form provided by the "Financial Crimes Enforcement Network" (FinCEN), within thirty calendar days after discovery of a suspicious activity, including the following: (1) Insider abuse involving any amount; (2) Violations aggregating five thousand dollars or more ...

...(A) "Intangible property" means unclaimed funds as defined in division (B) of section 169.01 and section 169.02 of the Revised Code, or a fixed and certain interest in intangible personal property, of every kind or description, that is held, issued or owed in the course of a holder's business, and all income or increments therefrom. The term "intangible property" includes, but not by way of limita...

...(A) "Intangible property" means unclaimed funds as defined in division (B) of section 169.01 and section 169.02 of the Revised Code, or a fixed and certain interest in intangible personal property, of every kind or description, that is held, issued or owed in the course of a holder's business, and all income or increments therefrom. The term "intangible property" includes, but not by way of limita...

...(A) The director may, at reasonable times and upon reasonable notice, examine or cause to be examined by auditors of supervisory departments or examiners of the divisions of the state, the records of any holder or person which could be the holder of unclaimed funds, to determine compliance with Chapter 169. of the Revised Code. The director may enter into contracts, pursuant to procedures prescrib...

...(A) The director may, at reasonable times and upon reasonable notice, examine or cause to be examined by auditors of supervisory departments or examiners of the divisions of the state, the records of any holder or person which could be the holder of unclaimed funds, to determine compliance with Chapter 169. of the Revised Code. The director may enter into contracts, pursuant to procedures prescrib...

...(A) A person, who has obtained a residential real estate appraiser license from another state may obtain an Ohio residential real estate appraiser license provided all of the following are satisfied: (1) The state that issued the person a residential real estate appraiser license has requirements that meet or exceed the requirements for a residential real estate appraiser license in Ohio; (2...

...(A) A person, who has obtained a residential real estate appraiser license from another state may obtain an Ohio residential real estate appraiser license provided all of the following are satisfied: (1) The state that issued the person a residential real estate appraiser license has requirements that meet or exceed the requirements for a residential real estate appraiser license in Ohio; (2...

...(A) An applicant for a residential real estate appraiser license, shall comply with the following: The applicant shall complete one hundred fifty classroom hours of instruction in the required core curriculum listed in this paragraph and at least one course devoted exclusively to federal, state, and municipal fair housing law, obtained from a nationally or state recognized appraisal or real estat...

...(A) An applicant for a residential real estate appraiser license, shall comply with the following: The applicant shall complete one hundred fifty classroom hours of instruction in the required core curriculum listed in this paragraph and at least one course devoted exclusively to federal, state, and municipal fair housing law, obtained from a nationally or state recognized appraisal or real estat...

...(A) An applicant for a residential real estate appraiser license, shall comply with the following: The applicant shall complete one hundred fifty classroom hours of instruction in the required core curriculum listed in this paragraph obtained from a nationally or state recognized appraisal or real estate organization, a college or university, community or junior college, a proprietary school, a s...

...(A) Applicants seeking a state-licensed residential real estate appraiser license shall: (1) Certify under oath that he or she has acquired one thousand hours of experience in real estate appraisal, and (2) Furnish, under oath, a detailed listing of the appraisal reports or file memoranda for each year for which experience is claimed and, upon request of the superintendent or the board, mak...

...(A) Applicants seeking a state-licensed residential real estate appraiser license shall: (1) Certify under oath that he or she has acquired one thousand hours of experience in real estate appraisal, and (2) Furnish, under oath, a detailed listing of the appraisal reports or file memoranda for each year for which experience is claimed and, upon request of the superintendent or the board, mak...

...At the time an application is submitted to the division of real estate, an applicant seeking state-registration as a real estate appraiser assistant shall demonstrate that no more than five years prior to the division's receipt of the application, the applicant has successfully completed the following courses approved by the superintendent: (A) Thirty classroom hours of basic appraisal principles; (B...

...At the time an application is submitted to the division of real estate, an applicant seeking state-registration as a real estate appraiser assistant shall demonstrate that no more than five years prior to the division's receipt of the application, the applicant has successfully completed the following courses approved by the superintendent: (A) Thirty classroom hours of basic appraisal principles; (B...

...At the time an application is submitted to the division of real estate, an applicant seeking state-registration as a real estate appraiser assistant shall demonstrate that no more than five years prior to the division's receipt of the application, the applicant has successfully completed the following courses approved by the superintendent and comply with the specifications for course content established by...

...(A) A state registered, licensed or certified real estate appraiser shall submit to the division of real estate, on a form prescribed by the superintendent, such information as the superintendent or appraiser board may require concerning continuing education instruction completed by the individual. (B) Beginning January 1, 2003, at least once in the succeeding two year education cycle and each two year education cyc...

...(A) A state registered, licensed or certified real estate appraiser shall submit to the division of real estate, on a form prescribed by the superintendent, such information as the superintendent or appraiser board may require concerning continuing education instruction completed by the individual. (B) Beginning January 1, 2003, at least once in the succeeding two year education cycle and each tw...