Ohio Code 1733.51 – Deposit of moneys for preneed funeral or cemetery merchandise and services contract
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A credit union may, subject to sections 1721.211 and 4717.31 to 4717.38 of the Revised Code, receive and hold on deposit moneys under a preneed funeral contract or preneed cemetery merchandise and services contract.
Terms Used In Ohio Code 1733.51
- Contract: A legal written agreement that becomes binding when signed.
- Credit union: means a corporation organized and qualified as such under this chapter. See Ohio Code 1733.01