Section 1733.53 | Bona Fide Errors.
Effective: March 20, 2019 Latest Legislation: House Bill 489 – 132nd General Assembly (A) As used in this section, “bona fide error” means an unintentional clerical, calculation, computer malfunction or programming, or printing error. (B) A credit union or regulated individual shall not be held civilly liable in any action brought under this chapter or […]
Section 1733.99 | Penalty.
Effective: July 14, 1987 Latest Legislation: Senate Bill 149 – 117th General Assembly (A) Whoever violates section 1733.44 of the Revised Code, or any order of the superintendent issued pursuant to this chapter, shall be guilty of a misdemeanor of the first degree. (B) Whoever violates division (C) of section 1733.327 of the Revised Code […]
Section 1733.412 | Powers of Federal Credit Unions Granted to State Chartered Credit Unions.
Effective: April 14, 2006 Latest Legislation: House Bill 81 – 126th General Assembly (A) Notwithstanding any provision in Chapter 1733. of the Revised Code, if a credit union operating in this state that is organized or chartered under this chapter or the laws of the United States possesses any right, power, privilege, or benefit by […]
Section 1733.42 | Computing Time for Giving Notice.
Effective: November 19, 1971 Latest Legislation: Senate Bill 3 – 109th General Assembly In computing the period of time for the giving of a notice required or permitted under sections 1733.01 to 1733.45, inclusive, of the Revised Code, or under the articles, regulations, or bylaws of a credit union, or a resolution of its shareholders […]
Section 1733.43 | Exemption From Franchise Tax and Report.
Effective: November 19, 1971 Latest Legislation: Senate Bill 3 – 109th General Assembly A credit union shall not be required to pay the annual tax imposed on domestic corporations for the privilege of exercising the corporate franchise, or to file the annual report on which such tax is computed.
Section 1733.44 | Prohibition Against Use of Words Credit Union.
Effective: April 14, 2006 Latest Legislation: House Bill 81 – 126th General Assembly (A) No person, partnership, association, or corporation, other than credit unions and associations of such credit unions, to which all credit unions in their respective jurisdictions are eligible, shall use any name or title containing the words “credit union” or represent themselves, […]
Section 1733.441 | False Advertising.
Effective: March 20, 2019 Latest Legislation: House Bill 489 – 132nd General Assembly (A) Absent the express written permission of the credit union, no person shall use the name of a credit union in an advertisement, solicitation, promotional, or other material in a way that may mislead another person, or cause another person to be […]
Section 1733.45 | Applicability of General Corporation Laws.
Effective: November 19, 1971 Latest Legislation: Senate Bill 3 – 109th General Assembly A credit union shall be created, organized, governed, and conducted and its directors and officers shall be chosen, in all respects in the same manner as provided in sections 1701.01 to 1701.99, inclusive, of the Revised Code, for corporations generally, insofar as […]
Section 1733.47 | Criminal Records Check to Be Requested by Superintendent.
Effective: January 1, 2013 Latest Legislation: House Bill 487 – 129th General Assembly Whenever the approval of the superintendent of credit unions is required under this chapter, or under an order or supervisory action issued or taken under this chapter, for a person to serve as an organizer, incorporator, director, or executive officer of a […]
Section 1733.51 | Deposit of Moneys for Preneed Funeral or Cemetery Merchandise and Services Contract.
Effective: July 6, 2009 Latest Legislation: Senate Bill 196 – 127th General Assembly A credit union may, subject to sections 1721.211 and 4717.31 to 4717.38 of the Revised Code, receive and hold on deposit moneys under a preneed funeral contract or preneed cemetery merchandise and services contract.