Ohio § 1733.412

Full text of Ohio Ohio Revised Code § 1733.412, with citation guidance and answers to common questions.

§ 1733.412.

(A) Notwithstanding any provision in Chapter 1733. of the Revised Code, if a credit union

operating in this state that is organized or chartered under this chapter or the laws

of the United States possesses any right, power, privilege, or benefit by virtue of

a statute, rule, policy, regulation, interpretation, or judicial decision, the superintendent

of credit unions shall adopt a rule under section 111.15 of the Revised Code granting any credit union doing business under authority granted by the superintendent

authority to exercise the respective right, power, privilege, or benefit. (B) The rule adopted by the superintendent pursuant to the authority of this section

becomes effective on the later of the following dates: (1) The date the superintendent issues the rule; (2) The date the statute, rule, policy, regulation, interpretation, or judicial decision

on which the superintendent's rule is based becomes effective. (C) If the rule adopted by the superintendent pursuant to this section is not enacted

into law or adopted in accordance with Chapter 119. of the Revised Code within thirty

months from its effective date, the rule shall thereupon no longer be of any force

or effect;  however, the superintendent may adopt the rule under section 111.15 of the Revised Code pursuant to this section for an additional thirty-month period. (D) The superintendent, upon thirty days' written notice to state-chartered credit unions,

may revoke any rule issued by virtue of the authority of this section.

Frequently Asked Questions About Ohio § 1733.412

What does Ohio Revised Code § 1733.412 cover?

Section 1733.412 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 § 1733.412?

A common citation format is "Ohio Revised Code § 1733.412" (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 § 1733.412 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.