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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.

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Section 1343.011 | Residential mortgage loans.

...e any discount points in excess of two per cent of the original principal amount of the residential mortgage. This division is not a limitation on discount points or other charges for purposes of section 501(b)(4) of the "Depository Institutions Deregulation and Monetary Control Act of 1980," 94 Stat. 161, 12 U.S.C.A. 1735f-7a. (C)(1) Except as provided in division (C)(2) of this section, residential mortgage ...

Section 1349.25 | Covered loan definitions.

... at or before loan closing exceed five per cent of the total loan amount. If the total loan amount is less than twenty-five thousand dollars, the total points and fees payable by the consumer at or before loan closing exceed eight per cent of the total loan amount. For purposes of division (D) of this section: (a) "Points and fees" has the same meaning as in section 152(a) of the "Home Ownership and Equit...

Section 135.03 | Institutions eligible as public depositories.

...an aggregate amount in excess of thirty per cent of its total assets, as shown in its latest report to the comptroller of the currency, the superintendent of financial institutions, the federal deposit insurance corporation, or the board of governors of the federal reserve system. Any federal savings association or any savings and loan association or savings bank doing business under authority granted by the regulat...

Section 135.181 | Optional pledging requirements.

...d is at least equal to one hundred five per cent of the total amount of all public deposits to be secured by the pooled securities that are not covered by any federal deposit insurance. Each institution shall carry in its accounting records at all times a general ledger or other appropriate account of the total amount of all public deposits to be secured by the pool, as determined at the opening of business each day,...

Section 135.32 | Institutions eligible as county public depositories.

...an aggregate amount in excess of thirty per cent of its total assets, as shown in its latest report to the comptroller of the currency, the superintendent of financial institutions, the federal deposit insurance corporation, or the board of governors of the federal reserve system. (B) Any federal savings association or any savings and loan association or savings bank doing business under authority granted by the reg...

Section 135.65 | Small business linked deposit program.

... state comprise not less than fifty-one per cent of the total of all offices and operating facilities maintained by the business; (3) Employs fewer than one hundred fifty employees, not less than fifty-one per cent of whom are residents of this state; (4) Is organized for profit. (C) An eligible lending institution for the small business linked deposit program must be able to make commercial loans. (D) An...

Section 135.80 | Municipal, port or lake facilities authority, and county linked deposit program.

...t to eligible borrowers at up to three per cent below the present borrowing rate applicable to each borrower. The ordinance or resolution shall include requirements and provisions that are necessary to establish the program, including, but not limited to: (1) Eligibility requirements for borrowers who may receive reduced rate loans under the program; (2) Application procedures for borrowers and institutions ...

Section 1351.08 | Liability of lessor for noncompliance.

...se of an individual action, twenty-five per cent of the total amount necessary to acquire ownership of the property that is the subject of the lease-purchase agreement, but not less than two hundred dollars or more than one thousand dollars; (ii) In the case of a class action, an amount the court determines to be appropriate except that as to each member of the class no minimum recovery is applicable. The total reco...

Section 1353.02 | Repurchase of inventory upon termination of agreement.

...ted. The supplier shall pay eighty-five per cent of the current net price for all used special service tools in good condition. The supplier shall pay the average "as-is" value shown in current industry guides for each component of a rental fleet of farm machinery or construction equipment that is owned by the dealer or financed by the supplier or its finance subsidiary, provided that the component was purchased from...

Section 145.14 | Percentage of funds available for annuities and other payments - deposit.

...er of state an amount not exceeding ten per cent of the total amount in the funds provided for by this chapter on deposit in any bank or banks in this state, organized under the laws thereof, or under the laws of the United States, or with any trust company or trust companies incorporated by the law of this state. Said banks or trust companies shall furnish adequate security for said deposit. The sum so deposited in ...

Section 145.201 | Additional service credit purchased by elected or appointed officials.

... in an amount not to exceed thirty-five per cent of the service credit allowed the member for the period of service as an elected or appointed official subsequent to January 1, 1935, other than credit for military service, part-time service, and service subject to the tax on wages imposed by the "Federal Insurance Contributions Act," 68A Stat. 415 (1954), 26 U.S.C.A. 3101, as amended. For each year of additional s...

Section 145.22 | Actuarial valuation of pension assets, liabilities, and funding requirements.

...actuarial accrued liabilities; and the per cent of payroll that would be required to amortize the increase in actuarial accrued liabilities as a level per cent of covered payroll for all active members over a period not to exceed thirty years; (5) A statement of whether the scheduled contributions to the system after the proposed change is enacted are expected to be sufficient to satisfy the funding objectives...

Section 145.222 | Study to determine percentage of employee's compensation to be contributed by public institution of higher education.

...ection, not to exceed four and one-half per cent. (4) To make the calculations and determinations required under divisions (C)(1) and (2) of this section, the actuary shall use the most recent annual actuarial valuation under section 145.22 of the Revised Code that is available at the time the study is conducted. ( D) For any study conducted after the initial study required under this section, the actuary shall d...

Section 145.297 | Retirement incentive plan.

... percentage shall not be less than five per cent of such employees. If participation is limited, employees with more total service credit have the right to elect to participate before employees with less total service credit. In the case of employees with the same total service credit, employees with a greater length of service with the employing unit have the right to elect to participate before employees with less ...

Section 145.301 | Purchasing military service credit.

...board that shall be not less than fifty per cent of the additional liability resulting from the purchase of that year or portion of a year of service as determined by an actuary employed by the board. (2) For each year or portion of a year of service credit purchased under division (B)(2) of this section, the member shall pay to the public employees retirement system for credit to the member's accumulated acco...

Section 145.331 | Disability allowance recipient applying for service retirement.

...the Revised Code, by two and two-tenths per cent of the applicant's final average salary, except that the allowance shall not exceed forty-five per cent of the applicant's final average salary. (2) An amount equal to the additional allowance the recipient would receive under section 145.323 of the Revised Code, plus any other additional amount the recipient would receive under this chapter, had the recipient retir...

Section 145.37 | Coordinating and integrating membership in state retirement systems.

... (6) "Retention percentage" means five per cent, or a percentage determined under division (D) of this section, of a member's earnable salary in the case of a member of the public employees retirement system or five per cent, or a percentage determined under division (D) of this section, of a member's compensation in the case of a member of the state teachers retirement system or school employees retirement system. ...

Section 149.30 | Public functions of Ohio history connection.

... which shall not exceed one hundred ten per cent more than the total cost of publication; (G) Engaging in research in history, archaeology, and natural science and providing historical information upon request to all state agencies; (H) Collecting, preserving, and making available by all appropriate means and under approved safeguards all manuscript, print, or near-print library collections and all historical obj...

Section 150.05 | Selection of investment funds as program administrators.

... pay the authority not less than ninety per cent of the amount by which program fund revenue attributable to investments under the program administrator's investment authority exceeds amounts so applied; (6) Specify the procedures by which the program administrator shall certify immediately to the authority the necessity for the authority to issue tax credit certificates pursuant to contracts entered into under sec...

Section 1503.05 | Timber sale agreements.

...rer under this division. Thirty-five per cent of the net value of standing timber sold from state forest lands and state forest nurseries located in a county shall be transferred from the forestry holding account redistribution fund to the state forest fund. The remaining sixty-five per cent of the net value shall be transferred from the forestry holding account redistribution fund and paid to the county treasurer...

Section 1503.35 | Distribution of money received from sale of national forest products.

...used by a county as follows: (A) Fifty per cent shall be used to maintain county roads and bridges; (B) Fifty per cent shall be used for the benefit of public schools.

Section 1506.11 | Development and improvement of lakefront land.

...d from that fund as follows: (1) Fifty per cent of each rental shall be paid to the department of natural resources for the administration of this section and section 1506.10 of the Revised Code and for the coastal management assistance grant program required to be established under division (C) of section 1506.02 of the Revised Code; (2) Fifty per cent of each rental shall be paid to the municipal corporation, cou...

Section 1506.35 | Revoking salvage permit.

...orfeiture of the contraband; (4) Fifty per cent of the remaining money to the credit of the Lake Erie submerged lands preserves fund created in division (C) of this section, and fifty per cent of the remaining money to the Ohio history connection for deposit into the fund created pursuant to division (C) of section 149.56 of the Revised Code. (C) There is hereby created in the state treasury the Lake Erie submerged...

Section 1509.226 | Surface applications of brine by local governments.

...surface. (9) Only the last twenty-five per cent of an applicator vehicle's contents shall be allowed to have a pressure greater than atmospheric pressure; therefore, the first seventy-five per cent of the applicator vehicle's contents shall be discharged under atmospheric pressure. (10) Only brine that is produced from a well that is not a horizontal well shall be allowed to be spread on a road. Fluids from t...

Section 1510.04 | Petition for referendum to establish a marketing program for oil and natural gas or to amend an existing program.

...ned by the lesser of one hundred or ten per cent of all such producers requesting that the council hold a referendum in accordance with section 1510.05 of the Revised Code to establish a marketing program for oil and natural gas. (2) Producers in this state also may present the operating committee appointed under section 1510.06 of the Revised Code or the council with a petition signed by the lesser of one hundred ...