Ohio Rev. Code Ann. § 135.806 – Duties of lending institution on receipt of RC 135.805 certificate | Midpage
§ 135.806
Ohio Rev. Code Ann. § 135.806
Duties of lending institution on receipt of RC 135.805 certificate
Effective Mar 30, 2007House Bill 293 - 126th General Assembly
Upon placement of a certificate of deposit with an eligible lending institution pursuant to an agreement described in section 135.805 of the Revised Code, the eligible lending institution shall do both of the following:
(A) Lend funds pursuant to the agreement to an eligible borrower;
(B) Comply fully with the requirements of sections 135.804 to 135.807 of the Revised Code.