1151.231 Permitting withdrawal of deposits through another domestic association or foreign association.
1151.231 Permitting withdrawal of deposits through another domestic association or foreign association.
Without prejudice to the generality of the powers conferred by section 1151.23 of the Revised Code, a building and loan association may permit withdrawal of deposits through another domestic association or a foreign association, provided such foreign association’s accounts are insured by the federal savings and loan insurance corporation, and such domestic or foreign association is located more than fifty miles from the residence of the account holder.
Effective Date: 08-29-1978