Department of Commerce - General Provisions - Other real estate owned.


Published: 2012-03-22

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

Credit unions shall report annually to the superintendent a list of other real estate owned pursuant to division (B)(4) of section 1733.04 of the Revised Code and carried on their books in accordance with GAAP. The report shall include the date the property was acquired, address of the property, amount of the purchase or mortgage balance, and appraised value of the property, name of the insurance company and specification of coverage.