Ohio Administrative Code
Title 113 - Treasurer of State
Chapter 113-7 - Linked Deposit Program
Section 113-7-01 - Linked deposit program definitions
Universal Citation: OH Admin Code 113-7-01
Current through all regulations passed and filed through September 16, 2024
(A) As used in this chapter:
(1)
"Active deposit" shall have the same meaning as in section
135.01 of the Revised
Code.
(2)
"Eligible credit union" shall have the same meaning as
in section 135.62 of the Revised
Code
(3)
"Deposit Agreement" means the agreement between the
eligible credit union and the treasurer of state entered into pursuant to
section 135.623 or section
135.703 of the Revised
Code.
(4)
"Interim deposit" and "interim moneys" shall have the
same meanings as in section
135.01 of the Revised
Code.
(5)
"Interim funds" means public moneys in the state
treasury that are not active deposits and may be invested in accordance with
section 135.143 of the Revised
Code.
(6)
"Linked deposit program" shall have the same meaning as
in sections 135.62 and
135.70 of the Revised
Code.
(7)
"Public deposit" shall have the same meaning as in
section 135.01 of the Revised
Code.
(8)
"Public depository" shall have the same meaning as in
section 135.01 of the Revised
Code.
(9)
"Public moneys" shall have the same meaning as in
section 135.01 of the Revised
Code.
(10)
"Treasurer of state's assessment rate" shall have the
same meaning as in section
135.62 of the Revised
Code.
(11)
"Uninsured public deposit" means the portion of a
public deposit that is not insured by the national credit union administration
or any other agency or instrumentality of the federal
government.
(B) This chapter shall govern the participation of eligible credit unions in linked deposit programs, as authorized under section 135.61 of the Revised Code. Any requirements of Chapter 135. of the Revised Code generally applicable to a public depository and not expressly clarified in this chapter shall be applicable to an eligible credit union.
Replaces: 113-7-02
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