Ohio Code § 1733.323

Ohio Code § 1733.323. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1733.323.

(A) The superintendent of credit unions may issue administrative guidelines which interpret

the requirements of this chapter or which define specific acts, practices, or circumstances

that are considered by the superintendent to be unsafe or unsound practices or that

constitute a violation of any section of this chapter or any rule adopted thereunder. (B) The superintendent shall, at a minimum, issue guidelines pursuant to division (A)

of this section which address the following: (1) Collateralization limits that apply to particular transactions; (2) All aspects of repurchase agreements and reverse repurchase agreements, including

limitations on the amount of securities a credit union may assign as collateral for

the amount of funds it receives from a securities dealer or broker, investment house,

or other similar entity.  In adopting these provisions, the superintendent shall give due consideration to

rules governing the same subject that have been adopted by the national credit union

administration and any other federal or state agency. (3) Requirements that securities assigned by a credit union as collateral for the amount

of funds it receives, or assigned to a credit union as collateral for the funds it

provides, remain or be placed in the possession of the credit union or a qualified

trustee.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 1733.323
  • Jurisdiction: Ohio
  • Code: Ohio Revised Code
  • Text: transcribed from the official source (verify below)

Verify the text

Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:

Not legal advice. Verify against the official source and consult a licensed Ohio attorney.

Common questions

What is the source of Ohio Revised Code § 1733.323?

The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.

What subject does Ohio Revised Code § 1733.323 address?

It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

Is Ohio Revised Code § 1733.323 still in force?

Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.

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No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.