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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1733.23 | Fidelity bond.

Ohio Revised Code
/
Title 17 Corporations-Partnerships
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Chapter 1733 Credit Unions
 
Effective:
January 1, 1979
Latest Legislation:
House Bill 356 - 112th General Assembly
PDF:
Download Authenticated PDF
 

The treasurer and all employees of every credit union who are responsible for administering and safekeeping the funds of the credit union, before entering upon the discharge of their duties, shall be covered by an individual, schedule, or blanket fidelity bond in favor of the credit union employing them, with terms and surety approved by the board of directors of the credit union and the superintendent of credit unions. Such bond shall be at the expense of the credit union. Its amount shall be increased if required by the superintendent.

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