Upon placement of a certificate of deposit with an eligible lending institution pursuant to an agreement described in section 135.805 of the Revised Code, the eligible lending institution shall do both of the following:
(A) Lend funds pursuant to the agreement to an eligible borrower;
(B) Comply fully with the requirements of sections 135.804 to 135.807 of the Revised Code.
Effective Date: 03-30-2007.
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