Ohio Code 135.703 – Deposit agreement
Current as of: 2024 | Check for updates
|
Other versions
(A) An eligible savings institution shall enter into a deposit agreement with the treasurer of state, which shall include the requirements necessary to carry out the purposes of sections 135.70 to 135.71 of the Revised Code.
Terms Used In Ohio Code 135.703
- state: means the state of Ohio. See Ohio Code 1.59
(B) The deposit agreement shall specify the maturity period of the linked deposit considered appropriate by the treasurer of state, which shall not exceed the length of the program period, as well as any other information, terms, or conditions the treasurer of state may require. Interest shall be paid by the eligible savings institution at the times determined by the treasurer of state.
Last updated September 11, 2023 at 4:30 PM