State Codes and Statutes

Statutes > Ohio > Title11 > Chapter1151 > 1151_42

1151.42 Purchase and sale of loans.

A building and loan association may buy obligations representing loans which would be legal loans if originated by the association. Such investments may be held and reported as other investments of the same type.

An association may sell, with or without recourse, any loan.

Effective Date: 12-09-1982

State Codes and Statutes

Statutes > Ohio > Title11 > Chapter1151 > 1151_42

1151.42 Purchase and sale of loans.

A building and loan association may buy obligations representing loans which would be legal loans if originated by the association. Such investments may be held and reported as other investments of the same type.

An association may sell, with or without recourse, any loan.

Effective Date: 12-09-1982


State Codes and Statutes

State Codes and Statutes

Statutes > Ohio > Title11 > Chapter1151 > 1151_42

1151.42 Purchase and sale of loans.

A building and loan association may buy obligations representing loans which would be legal loans if originated by the association. Such investments may be held and reported as other investments of the same type.

An association may sell, with or without recourse, any loan.

Effective Date: 12-09-1982