Ohio Code 1127.02 – Insolvent bank receiving deposit
Current as of: 2024 | Check for updates
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No regulated person shall receive, or permit to be received, money, checks, drafts, or other property as a deposit in a bank, when the regulated person knows the bank is insolvent.
Terms Used In Ohio Code 1127.02
- Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
- Property: means real and personal property. See Ohio Code 1.59