Ohio § 1733.38 Qualification of foreign credit union

Ohio Statutes

§ 1733.38 — Qualification of foreign credit union

Ohio § 1733.38

Title 17Corporations-Partnerships

Ch. 1733Credit Unions

This text of Ohio § 1733.38 (Qualification of foreign credit union) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1733.38 (2026).

Text

A credit union organized and duly qualified as a credit union in another state or territory may qualify to do business as a credit union in this state provided:

(A)Such credit union is organized under credit union law substantially similar to sections1733.01to1733.45of the Revised Code;

(B)The interest rate of such credit union on loans made to members in this state does not exceed the maximum interest rate permitted by sections1733.01to1733.45of the Revised Code;

(C)A credit union organized and doing business under the laws of this state is permitted to do business in such other state or territory under conditions substantially similar to the provisions of this section.

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A credit union organized and duly qualified as a credit union in another state or territory may qualify to do business as a credit union in this state provided:

(A) Such credit union is organized under credit union law substantially similar to sections1733.01to1733.45of the Revised Code;

(B) The interest rate of such credit union on loans made to members in this state does not exceed the maximum interest rate permitted by sections1733.01to1733.45of the Revised Code;

(C) A credit union organized and doing business under the laws of this state is permitted to do business in such other state or territory under conditions substantially similar to the provisions of this section.