Ohio § 1733.243
Full text of Ohio Ohio Revised Code § 1733.243, with citation guidance and answers to common questions.
§ 1733.243.
If any claim is made to any share, share account, deposit, safe deposit box, property
held in safekeeping, security, obligation, or other property in the credit union's
possession or control, in whole or in part, by any person, including any member, depositor,
individual, or group of individuals, without clear authority to draw on or exercise
any right or control with respect to the property, the credit union is not required
to recognize the claim without one of the following: (A) A court order, issued by a court of competent jurisdiction and served on the credit
union, enjoining or restraining the credit union from taking any action with respect
to the property or instructing the credit union to pay the balance of the account,
provide access to the safe deposit box, or deliver the property as provided in the
order; (B) A bond, provided by the person making the claim, in the form and amount and with
sureties satisfactory to the credit union, indemnifying the credit union against any
liabilities, loss, and expenses the credit union might incur because of its recognition
of the claim or because of its refusal, due to the claim, to honor or recognize any
right with respect to the property.
Frequently Asked Questions About Ohio § 1733.243
What does Ohio Revised Code § 1733.243 cover?
Section 1733.243 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 § 1733.243?
A common citation format is "Ohio Revised Code § 1733.243" (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 § 1733.243 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.