Ohio § 1733.325
Full text of Ohio Ohio Revised Code § 1733.325, with citation guidance and answers to common questions.
§ 1733.325.
(A) If, at any time, the superintendent of credit unions has cause to believe that the
actions or business practices of a credit union, its officers, or directors may cause
harm to the credit union, its members or creditors, the superintendent may set a supervisory
conference. The superintendent shall inform each director of the credit union of the date, time,
and place of the supervisory conference. The directors of the credit union shall attend supervisory conferences set by the
superintendent. Unless a director has a reasonable excuse for his refusal or failure to attend a
supervisory conference, such refusal or failure shall be grounds for removal under section 1733.181 of the Revised Code . (B) At the supervisory conference, the superintendent shall inquire into the actions
or business practices at issue. If it appears to the superintendent that such actions or business practices are
likely to cause harm to the credit union, its members or creditors, the superintendent
may negotiate and conclude an agreement with the credit union, its officers, or directors
as to action that is to be taken by the credit union, its officers, or directors to
correct or prevent the actions or business practices which are the subject of the
supervisory conference. Such an agreement shall be reduced to writing as soon as possible after it is concluded,
and may be modified or terminated by a subsequent agreement. (C) This section shall not be construed to mean that the superintendent cannot request
a meeting with the management, board of directors, or agent of a credit union other
than for the purpose of concluding a supervisory agreement.
Frequently Asked Questions About Ohio § 1733.325
What does Ohio Revised Code § 1733.325 cover?
Section 1733.325 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 § 1733.325?
A common citation format is "Ohio Revised Code § 1733.325" (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 § 1733.325 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.