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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 129.041 | Deficiency in sinking fund.

Ohio Revised Code
/
Title 1 State Government
/
Chapter 129 Board of Commissioners of Sinking Fund
 
Effective:
July 1, 1985
Latest Legislation:
House Bill 201 - 116th General Assembly
PDF:
Download Authenticated PDF
 

If the principal of, or interest on, the bonded debt of the state is about to become due and the money in the state treasury to the credit of the sinking fund is insufficient for the payment thereof, the commissioners of the sinking fund shall file with the director of budget and management a written notice of the amount of the deficiency. The director shall obtain sufficient funds to eliminate the deficiency by means of the procedure set forth in section 126.06 of the Revised Code.

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