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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 3315.13 | How money drawn from fund.

Ohio Revised Code
/
Title 33 Education-Libraries
/
Chapter 3315 School Funds
 
Effective:
May 16, 1979
Latest Legislation:
House Bill 1 - 113th General Assembly
PDF:
Download Authenticated PDF
 

Money shall be drawn from the replacement fund by orders only, passed by a majority vote of the full membership of the board of education, signed by the president, or by the vice-president in his absence, and the treasurer. All securities or evidence of debt, held by said board as a part of the replacement fund, shall be deposited with safe deposit companies within the school district, or, if none exists, then in a place of safety to be indicated or furnished by the board, and when so deposited they shall be drawn only upon the application of such board and in the presence of three designated members of such board.

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