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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 113-7-05 | Treasurer of state's assessment rate.

 

(A) The treasurer of state may require an eligible credit union that holds public deposits under section 135.61 of the Revised Code to pay interest at a rate not lower than the product of the interest rate set in the deposit agreement multiplied by the sum of one plus the treasurer of state's assessment rate.

(B) The treasurer of state's assessment rate shall be less than or equal to three per cent.

Last updated January 2, 2024 at 9:07 AM

Supplemental Information

Authorized By: 135.61
Amplifies: 135.61, 135.62, 135.622, 135.70, 135.702
Five Year Review Date: 12/31/2028
Prior Effective Dates: 11/5/2019, 11/7/2021