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2011 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1157: POSSESSION OF SAVINGS AND LOAN ASSOCIATIONS BY SUPERINTENDENT
1157.21 Vesting of title.
Universal Citation:
OH Rev Code § 1157.21
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Upon the superintendent of financial institutions’ appointment of a receiver, title to all of the savings and loan association’s assets shall vest in the receiver without the execution of any instrument of conveyance, assignment, transfer, or endorsement.
Added by 128th General Assembly File No. 45, HB 292, § 1, eff. 9/13/2010.
Effective Date: 10-01-1953
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