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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 113.54 | Disclaimers.

Ohio Revised Code
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Title 1 State Government
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Chapter 113 Treasurer of State
 
You are viewing a past version of this section that is no longer in effect View Current Version
Effective:
October 15, 2015
Legislation:
House Bill 155 - 131st General Assembly
PDF:
Download Authenticated PDF
 

(A) Nothing in sections 113.50 to 113.56 of the Revised Code creates any obligation of the treasurer of state, the state, or any state agency to guarantee for the benefit of any account owner or designated beneficiary any of the following:

(1) Return of principal;

(2) Rate of interest or other return on any account;

(3) Payment of interest or other return on any account.

(B) Every contract, application, or other similar document that may be used in connection with opening an account shall clearly indicate that the account is not insured by the state and that the principal deposited and the investment return are not guaranteed by the state.

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