2015 Ohio Revised Code
Title [1] I STATE GOVERNMENT
Chapter 135 - UNIFORM DEPOSITORY ACT
Section 135.806 - Duties of lending institution on receipt of RC 135.805 certificate.

Ohio Rev Code § 135.806 (2015) What's This?

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.

Effective Date: 03-30-2007

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