The Ohio Deposit Guarantee Fund - The Ohio Alternative to FSLIC

N 1955 the Ohio General Assembly passed enabling legislation permitting the creation of "deposit guarantee associations." Only one such association has been formed in this state. That association is the Ohio Deposit Guarantee Fund. This article will briefly review the substance of that enabling legislation, will examine the single progeny which emerged from that scheme, and will conclude with an analysis of the Ohio Superintendent of Building and Loan Associations jurisdiction over the Ohio Deposit Guarantee Fund.