Ohio § 1733.042
Full text of Ohio Ohio Revised Code § 1733.042, with citation guidance and answers to common questions.
§ 1733.042.
(A) As a condition of doing business in this state, every credit union with members'
accounts insured by a credit union share guaranty corporation licensed pursuant to
Chapter 1761. of the Revised Code shall post a notice at all public entrances at its
place of business and at each of its service facilities. The notice shall be not less than eight and one-half inches by eleven inches and
shall include all of the following in not less than twenty-four point type: (1) A statement that members' accounts are insured by a share guaranty corporation; (2) The name of the share guaranty corporation; (3) A conspicuous underlined statement that reads as follows: “MEMBERS' ACCOUNTS ARE
NOT INSURED OR GUARANTEED BY ANY GOVERNMENT OR GOVERNMENT-SPONSORED AGENCY.” (B) The notice required by division (A) of this section shall be approved by the superintendent
of credit unions and copies of the approved notice shall be furnished to its participating
credit unions by the share guaranty corporation at no cost to the credit unions. (C) All literature provided by the share guaranty corporation for distribution to its
participating credit unions shall contain a conspicuous underlined statement that
reads as follows: “MEMBERS' ACCOUNTS ARE NOT INSURED OR GUARANTEED BY ANY GOVERNMENT
OR GOVERNMENT-SPONSORED AGENCY.” (D) Every credit union described in division (A) of this section also shall include in
any literature or other material that contains the name of the share guaranty corporation
and that is distributed or intended for distribution to the public a conspicuous underlined
statement that reads as follows: “MEMBERS' ACCOUNTS ARE NOT INSURED OR GUARANTEED
BY ANY GOVERNMENT OR GOVERNMENT-SPONSORED AGENCY.”
Frequently Asked Questions About Ohio § 1733.042
What does Ohio Revised Code § 1733.042 cover?
Section 1733.042 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1733.042?
A common citation format is "Ohio Revised Code § 1733.042" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1733.042 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.