Ohio Revised Code
Chapter 1733 | Credit Unions
Section 1733.3210 | Duties of Council.

Effective: September 22, 2000
Latest Legislation: House Bill 510 - 123rd General Assembly
(A) The credit union council shall do all of the following:
(1) Consult with, advise, and make recommendations to the superintendent of financial institutions and the deputy superintendent for credit unions on matters relating to the business for credit unions, including field of membership, regulation, examination, safety and soundness, and applications of credit unions under this chapter;
(2) Consider and make recommendations upon any matter addressed in Chapters 1733. and 1761. of the Revised Code that the superintendent or deputy superintendent submits to the council for that purpose;
(3) Pass upon and determine any matter the superintendent or deputy superintendent submits to the council for determination;
(4) Submit to the governor recommendations concerning amendments to the credit union laws of this state or rules adopted pursuant to those laws that the council considers appropriate;
(5) Consider and determine whether to confirm the supervisory fees proposed by the superintendent of financial institutions in accordance with division (E) of section 1733.32 of the Revised Code.
(6) With respect to the adoption, amendment, or recission of rules adopted pursuant to this chapter, be present at the public hearing required by section 119.03 of the Revised Code and provide recommendations, advice, or assistance at the public hearing.
(B) Neither the deputy superintendent, nor any other member of the council, shall be liable, in any civil or criminal action or proceeding, for any mistake of judgment or discretion in any action taken, or in any omission made, in good faith by the deputy superintendent or other member.

Structure Ohio Revised Code

Ohio Revised Code

Title 17 | Corporations-Partnerships

Chapter 1733 | Credit Unions

Section 1733.01 | Credit Union Definitions.

Section 1733.02 | Purpose of Chapter.

Section 1733.03 | Purpose of Credit Union.

Section 1733.04 | Authority of Credit Union.

Section 1733.041 | Insurance Protection for Members' Accounts.

Section 1733.042 | Posting Notice of Insurance.

Section 1733.05 | Membership.

Section 1733.051 | Grounds for Termination of Services.

Section 1733.06 | Statutory Agent.

Section 1733.07 | Forming a Credit Union.

Section 1733.08 | Accepting Articles by Secretary of State.

Section 1733.09 | Meeting of Incorporators.

Section 1733.10 | Initial Meeting of Board of Directors.

Section 1733.11 | Action Taken Without Meeting.

Section 1733.12 | Annual Meeting.

Section 1733.13 | Voting.

Section 1733.14 | Quorum at Member Meeting.

Section 1733.15 | Board of Directors.

Section 1733.151 | Plan for Educating Directors, Committee Members, and Senior Management Officials as to Duties and Responsibilities.

Section 1733.152 | Appointment of Associate Directors.

Section 1733.16 | Board Meetings.

Section 1733.17 | Quorum of Board.

Section 1733.18 | Vacancies on Board - Removal of Director.

Section 1733.181 | Removal From Office.

Section 1733.19 | Establishment of Committees - Advisory Board.

Section 1733.191 | Notice of Outside Auditor.

Section 1733.20 | Officers - Duties.

Section 1733.21 | Binding Effect of Acts of Minor Officer.

Section 1733.22 | Compensation and Benefits.

Section 1733.23 | Fidelity Bond.

Section 1733.24 | Deposits; Shares and Accounts; Withdrawals.

Section 1733.241 | Payment on Joint Account - Contract for Payment on Death.

Section 1733.242 | Acceptance of Property for Safekeeping - Transactions With Minors.

Section 1733.243 | Claims to Property in Safekeeping - Bond of Claimant.

Section 1733.25 | Loans - Interest.

Section 1733.251 | Alternative Interest Rate.

Section 1733.252 | Compliance With Secure and Fair Enforcement for Mortgage Licensing Act.

Section 1733.253 | Permissible Charges Under a Revolving Credit Agreement.

Section 1733.27 | Fiscal Year.

Section 1733.28 | Financial Statement.

Section 1733.29 | Permanent Records.

Section 1733.291 | Preservation of Records - Retention Period - Disposal.

Section 1733.292 | Process for Retention of Documents - Approval - Use as Evidence.

Section 1733.30 | Investments.

Section 1733.31 | Reserve Accounts - Liquidity Fund.

Section 1733.32 | Powers of Superintendent of Financial Institutions.

Section 1733.321 | Credit Unions Fund.

Section 1733.322 | Requesting Outside Auditor to Review Results of Examination.

Section 1733.323 | Issuing Administrative Guidelines.

Section 1733.324 | Issuing Cease-and-Desist Order.

Section 1733.325 | Setting Supervisory Conference.

Section 1733.326 | Forfeiture and Civil Penalty for Noncompliance With Order or Agreement.

Section 1733.327 | Confidentiality.

Section 1733.328 | Frequency of Credit Union Examinations.

Section 1733.329 | Credit Union Council.

Section 1733.3210 | Duties of Council.

Section 1733.33 | Amendments to Articles or Regulations.

Section 1733.34 | Merger of Credit Unions.

Section 1733.341 | Conversions.

Section 1733.35 | Dissolution.

Section 1733.361 | Appointment and Removal of Conservator - Duties of Conservator.

Section 1733.37 | Liquidation.

Section 1733.38 | Qualification of Foreign Credit Union.

Section 1733.39 | Requirements for Doing Business.

Section 1733.40 | Annual Report.

Section 1733.41 | Additional Rules and Regulations.

Section 1733.411 | Adoption of Administrative Rules.

Section 1733.412 | Powers of Federal Credit Unions Granted to State Chartered Credit Unions.

Section 1733.42 | Computing Time for Giving Notice.

Section 1733.43 | Exemption From Franchise Tax and Report.

Section 1733.44 | Prohibition Against Use of Words Credit Union.

Section 1733.441 | False Advertising.

Section 1733.45 | Applicability of General Corporation Laws.

Section 1733.47 | Criminal Records Check to Be Requested by Superintendent.

Section 1733.51 | Deposit of Moneys for Preneed Funeral or Cemetery Merchandise and Services Contract.

Section 1733.53 | Bona Fide Errors.

Section 1733.99 | Penalty.