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.
Section 1733.361 | Appointment and Removal of Conservator – Duties of Conservator.
Effective: September 29, 1994 Latest Legislation: House Bill 695 – 120th General Assembly (A)(1) The superintendent of credit unions may issue an order appointing a conservator for any credit union whenever he considers it necessary in order to conserve the assets of such credit union for members, depositors, and creditors. The superintendent shall appoint a […]
Section 1733.37 | Liquidation.
Effective: April 14, 2006 Latest Legislation: House Bill 81 – 126th General Assembly (A) If it appears that any credit union is bankrupt or insolvent, that its shares are impaired, that it has violated this chapter or rules adopted by the superintendent of credit unions, or that it is operating in an unsafe or unsound […]
Section 1733.38 | Qualification of Foreign Credit Union.
Effective: April 14, 2006 Latest Legislation: House Bill 81 – 126th General Assembly A credit union organized and duly qualified as a credit union in another state or territory may qualify to do business as a credit union in this state provided: (A) Such credit union is organized under credit union law substantially similar to […]
Section 1733.39 | Requirements for Doing Business.
Effective: March 20, 2019 Latest Legislation: House Bill 489 – 132nd General Assembly No credit union which is not organized under sections 1733.01 to 1733.45 of the Revised Code, or the “Federal Credit Union Act,” 84 Stat. 994 (1970), 12 U.S.C. 1751, as amended, shall transact any business in this state until: (A) It submits […]
Section 1733.40 | Annual Report.
Effective: September 29, 1994 Latest Legislation: House Bill 695 – 120th General Assembly Each credit union qualified to do business in this state pursuant to section 1733.38 of the Revised Code shall: (A) Annually file with the superintendent of credit unions a financial report which shall be the same as the report required of credit […]
Section 1733.3210 | Duties of Council.
Effective: September 22, 2000 Latest Legislation: House Bill 510 – 123rd General Assembly (A) The credit union council shall do all of the following: (1) Consult with, advise, and make recommendations to the superintendent of financial institutions and the deputy superintendent for credit unions on matters relating to the business for credit unions, including field […]
Section 1733.33 | Amendments to Articles or Regulations.
Effective: April 14, 2006 Latest Legislation: House Bill 81 – 126th General Assembly (A) The voting members may adopt amendments to the articles or regulations or amended articles or regulations in a writing as provided in section 1733.11 of the Revised Code or in a meeting of members called for that expressly stated purpose by […]
Section 1733.34 | Merger of Credit Unions.
Effective: September 11, 2008 Latest Legislation: Senate Bill 247 – 127th General Assembly (A) Any credit union may, with the approval of the superintendent of credit unions, merge with any other credit union under the existing charter of the other credit union, pursuant to any plan approved by the board of directors of each credit […]