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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3301.076 | Operating reserve account or minimum cash balance.

Ohio Revised Code
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Title 33 Education-Libraries
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Chapter 3301 Department of Education and Workforce
 
You are viewing a past version of this section that is no longer in effect View Current Version
Effective:
October 16, 2009
Legislation:
House Bill 1 - 128th General Assembly
PDF:
Download Authenticated PDF
 

No information technology center established under section 3301.075 of the Revised Code shall be required to maintain an operating reserve account or fund or minimum cash balance. This section does not affect any sinking fund or other capital improvement fund the center may be required to maintain as a condition by law or contract relative to the issuance of securities. Any rule of the state board of education or other regulation or guideline of the department of education that conflicts with this section is void.

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