us-oh/stat
Ohio Rev. Code § 5701.05
Deposits defined
As used in Title LVII of the Revised Code other than in division (A)(7) of section 5733.056 of the Revised Code, "deposits" includes every deposit which the person owning, holding in trust, or having the beneficial interest therein is entitled to withdraw in money, whether on demand or not, and whether evidenced by commercial or checking account, certificate of deposit, savings account, certificates of running, or other withdrawable stock, or otherwise, excepting:
# (A)
Unearned premiums and surrender values under policies of insurance;
# (B)
Such deposits in financial institutions outside this state as yield annual income by way of interest or dividends in excess of four per cent of the principal sum so withdrawable.
Source: view the official text
In this chapter (14 sections)
- 5701.01 · Person defined
- 5701.02 · Real property definitions
- 5701.03 · Personal property and business fixture defined
- 5701.04 · Money defined
- 5701.05 · Deposits defined
- 5701.06 · Investments defined
- 5701.07 · Credits, current accounts, prepaid items defined
- 5701.08 · Used in business, business defined
- 5701.09 · Other taxable intangibles, other intangible property defined
- 5701.10 · Income yield defined
- 5701.11 · References to Internal Revenue Code - election of taxable year
- 5701.12 · References to consolidated reports of condition and income or…
- 5701.13 · Home for the aged defined
- 5701.14 · Entity operating with nonprofit purpose defined - single…