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Can you summarize OHRC Section 1127.02?

Banks - Crimes And Prohibited Activities > Insolvent bank receiving deposit.

October 3, 2023

Short Summary

No regulated person shall receive, or permit to be received, money, checks, drafts, or other property as a deposit in a bank, when the regulated person knows the bank is insolvent.

Jurisdiction

Ohio

Source

OHRC Section 1127.02 [https://reggi.cloud.regology.com/regulations/US-OHRC/US-OHRC_T_11_C_1127_S_02]

Banking

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