Ohio Code 1125.21 – Title vested in receiver
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Upon the superintendent of financial institutions’ appointment of a receiver, title to all of the state bank’s assets shall vest in the receiver without the execution of any instrument of conveyance, assignment, transfer, or endorsement.
Terms Used In Ohio Code 1125.21
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- state: means the state of Ohio. See Ohio Code 1.59