2017 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1157 - POSSESSION OF SAVINGS AND LOAN ASSOCIATIONS BY SUPERINTENDENT
Section 1157.04 - [Repealed Effective 1/1/2018] Filing of consent; notice.
(A) If the superintendent of financial institutions consents to a voluntary liquidation, the superintendent shall cause a certified copy of the consent to be filed in the office of the secretary of state, and the savings and loan association to be liquidated shall do both of the following:
(1) Publish a notice of the voluntary liquidation once a week for four consecutive weeks in a newspaper of general circulation in the county in which the savings and loan association's principal place of business is located;
(2) Give written notice of the voluntary liquidation, either personally or by mail, to all known creditors of and all known claimants against the savings and loan association.
(B) Compliance with the notice and publication requirements of division (A) of this section satisfies any duplicate or similar notice and publication requirements of Chapter 1701. of the Revised Code.
Repealed by 132nd General Assembly File No. TBD, HB 49, §130.23, eff. 1/1/2018.
Added by 128th General AssemblyFile No.45, HB 292, §1, eff. 9/13/2010.
Effective Date: 10-01-1953 .
