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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 135.806 | Duties of lending institution on receipt of RC 135.805 certificate.

Ohio Revised Code
/
Title 1 State Government
/
Chapter 135 Uniform Depository Act
 
Effective:
March 30, 2007
Latest Legislation:
House Bill 293 - 126th General Assembly
PDF:
Download Authenticated PDF
 

Upon placement of a certificate of deposit with an eligible lending institution pursuant to an agreement described in section 135.805 of the Revised Code, the eligible lending institution shall do both of the following:

(A) Lend funds pursuant to the agreement to an eligible borrower;

(B) Comply fully with the requirements of sections 135.804 to 135.807 of the Revised Code.

Available Versions of this Section