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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 5126.62 | No liability for defaults on loans.

Ohio Revised Code
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Title 51 Public Welfare
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Chapter 5126 County Boards Of Developmental Disabilities
 
Effective:
October 6, 2009
Latest Legislation:
Senate Bill 79 - 128th General Assembly
PDF:
Download Authenticated PDF
 

The county, board of county commissioners, county board of developmental disabilities, and county investing authority are not liable to any eligible lending institution in any manner for payment of the principal or interest on a loan to an eligible organization. Delay in payment or default on the part of an eligible organization does not in any manner affect the residential facility linked deposit agreement between the county investing authority and the eligible lending institution.

Available Versions of this Section