Ohio Revised Code (Last Updated: January 27, 2016) |
Title 11. XI FINANCIAL INSTITUTIONS |
Chapter 1165. SAVINGS BANKS - POSSESSION BY SUPERINTENDENT |
Section 1165.21. Vesting of title
Latest version.
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Upon the superintendent of financial institutions' appointment of a receiver, title to all of the savings bank's assets shall vest in the receiver without the execution of any instrument of conveyance, assignment, transfer, or endorsement.
Added by 128th General AssemblyFile No.45, HB 292, §1, eff. 9/13/2010.
Effective Date: 10-23-1991