Effective: July 11, 1989
Latest Legislation: House Bill 421 - 118th General Assembly
(A) The petroleum underground storage tank release compensation board may accept or reject a petroleum underground storage tank linked deposit loan package or any portion thereof, based upon the board's evaluation of the eligible owners included in the package and the amount of funds to be deposited from the petroleum underground storage tank financial assurance fund created under section 3737.91 of the Revised Code.
(B) Upon acceptance of the petroleum underground storage tank linked deposit loan package or any portion thereof, the board may direct the treasurer of state to place certificates of deposit from moneys contained in the fund with the eligible lending institution at a rate below the current market rates determined and calculated by the treasurer of state. When necessary, the board may direct the treasurer to place certificates of deposits prior to the acceptance of a petroleum underground storage tank linked deposit loan package.
(C) The eligible lending institution shall enter into a petroleum underground storage tank linked deposit agreement with the board that shall include the requirements necessary to carry out the purposes of sections 3737.95 to 3737.98 of the Revised Code. The agreement may include a specification of the period of time during which the eligible lending institution is to lend funds upon the placement of a linked deposit and shall include provisions for the certificate of deposit to be placed for any maturity considered appropriate by the board, not to exceed two years, and authority for it to be renewed for up to an additional two years at the option of the board. Interest shall be paid at times determined by the board.
(D) Eligible lending institutions shall comply fully with sections 3737.95 to 3737.98 of the Revised Code.
Structure Ohio Revised Code
Title 37 | Health-Safety-Morals
Chapter 3737 | Fire Marshal; Fire Safety
Section 3737.01 | Fire Marshal - Fire Safety Definitions.
Section 3737.02 | Fees - Federal Funding.
Section 3737.03 | Duties of State Fire Council.
Section 3737.14 | Right of Entry.
Section 3737.17 | Small Government Fire Department Services Revolving Loan Program.
Section 3737.21 | Appointment, Qualifications of Fire Marshal - Vacancy.
Section 3737.22 | Fire Marshal - Powers and Duties.
Section 3737.221 | Negligent Operation of Motor Vehicles by Fire Marshal Employees.
Section 3737.23 | Record of All Fires.
Section 3737.24 | Investigation of Fire.
Section 3737.25 | Taking of Testimony on Oath.
Section 3737.26 | Arrest of Suspect.
Section 3737.27 | Power to Summon and Compel Attendance of Witnesses.
Section 3737.28 | Power to Administer Oaths - Refusal to Cooperate.
Section 3737.29 | Investigation May Be Private.
Section 3737.31 | Fire Marshal to Report to Superintendent of Insurance.
Section 3737.32 | Fire Marshal to Investigate Bombing.
Section 3737.33 | Ohio Fire Academy.
Section 3737.331 | Arson Seminar Programs.
Section 3737.34 | Fire Safety Inspector Certificate.
Section 3737.41 | Citation to Remedy Dangerous Condition.
Section 3737.42 | Issuing Citation or Notice of Violation.
Section 3737.43 | Notice of Penalty and Right to Appeal.
Section 3737.44 | Injunction - Temporary Restraining Order.
Section 3737.45 | Failure to Comply With Order.
Section 3737.46 | Actions Against Violators.
Section 3737.51 | Civil Penalty for Violations.
Section 3737.52 | Pfas Chemicals in Firefighting Foam.
Section 3737.61 | Posting Arson Laws.
Section 3737.62 | Negligent Spread of Fires.
Section 3737.63 | Discovery of Unfriendly Fire.
Section 3737.64 | Disclosing Purpose of Non-Official Inspection.
Section 3737.65 | Fire Protection Equipment - Prohibited Activities.
Section 3737.66 | Qualifications for Firefighter or Fire Official.
Section 3737.71 | Additional Tax on Fire Insurance Premiums.
Section 3737.72 | Fire Stations Required to Have Gas Masks.
Section 3737.81 | State Fire Council.
Section 3737.82 | Adopting State Fire Code Rules.
Section 3737.83 | Provisions to Be Included in State Fire Code.
Section 3737.831 | Issuance of Permit for Temporary Structures.
Section 3737.832 | Fire and Safety Standards Relating to Shale Oil Processing Premises.
Section 3737.84 | Provisions Not to Be Included in State Fire Code.
Section 3737.841 | Fire Safety and Standards Definitions.
Section 3737.842 | Rules for Flammability Standards.
Section 3737.85 | Rules for Giving Notice or Serving Notice.
Section 3737.86 | Rule Adoption Procedure.
Section 3737.87 | Underground Storage Tank Definitions.
Section 3737.88 | Underground Storage Tank Program and Corrective Action Program for Releases.
Section 3737.881 | Certifying Underground Storage Tank Systems Installers.
Section 3737.882 | Confirming or Disproving Suspected Petroleum Release.
Section 3737.883 | Underground Storage Tank Revolving Loan Program.
Section 3737.884 | Effect of Child Support Default on Certificate.
Section 3737.89 | Liability for Costs of Corrective or Enforcement Action.
Section 3737.90 | Petroleum Underground Storage Tank Release Compensation Board.
Section 3737.91 | Petroleum Underground Storage Tank Financial Assurance Fund.
Section 3737.92 | Purpose of Fund.
Section 3737.93 | Transferor of Title to Petroleum to Give Notice of Registration Requirements.
Section 3737.941 | Application of Other Bond Laws.
Section 3737.942 | Securing Revenue Bonds.
Section 3737.943 | Protection and Enforcement of Rights of Bondholder and Trustees.
Section 3737.944 | Bonds Not a Debt of State.
Section 3737.945 | Investments.
Section 3737.946 | Refunding Bonds.
Section 3737.947 | Bonds Are Lawful Investments.
Section 3737.948 | Purpose of Powers of Release Compensation Board.
Section 3737.95 | Purpose of Linked Deposit Program.
Section 3737.96 | Loan Applications.
Section 3737.97 | Accepting or Rejecting Loan Package.