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2017 Ohio Revised Code
Title [11] XI FINANCIAL INSTITUTIONS
Chapter 1161 - SAVINGS BANKS - ORGANIZATION
Section 1161.64 - [Repealed Effective 1/1/2018] Buying and selling loans.
Universal Citation: Ohio Rev Code § 1161.64 (2017)
(A) A savings bank may buy obligations representing loans that would be legal loans if originated by the savings bank. The investments may be held and reported as other investments of the same type.
(B) A savings bank may sell, with or without recourse, any loan.
Repealed by 132nd General Assembly File No. TBD, HB 49, §130.23, eff. 1/1/2018.
Effective Date: 10-23-1991 .
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