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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 122.58 | Investing funds.

...Moneys in the funds established pursuant to Chapter 122. of the Revised Code, except as otherwise provided in any proceedings authorizing revenue bonds or in any trust agreement securing such bonds, in excess of current needs, may be invested in notes, bonds, or other obligations which are direct obligations of or are guaranteed by the United States, in certificates of deposit or other withdrawable accounts of ...

Section 122.636 | Workforce housing project grants.

...sidizing or decreasing costs related to water or sewer connections and extensions for major workforce housing projects; (d) Acquiring and readying sites that are ready to be financed and built upon by developers; (e) Reducing or eliminating impact, inspection, and plan review fees for housing developers; (f) Adopting a zoning plan that includes promoting higher density, small lot size, and minimum setback requi...

Section 1309.203 | Attachment and enforceability of security interest - proceeds - supporting obligation - formal requisites - UCC 9-203.

...(A) A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones the time of attachment. (B) Except as otherwise provided in divisions (C) to (I) of this section, a security interest is enforceable against the debtor and third parties with respect to the collateral only if: (1) Value has been given; (2) The d...

Section 1309.314 | Perfection by control - UCC 9-314.

...(A) A security interest in investment property, deposit accounts, letter-of-credit rights, electronic chattel paper, or electronic documents may be perfected by control of the collateral under section 1307.106, 1309.104, 1309.105, 1309.106, or 1309.107 of the Revised Code. (B) A security interest in deposit accounts, electronic chattel paper, letter-of-credit rights, or electronic documents is perfected by co...

Section 1309.322 | Priorities among conflicting security interests in and agricultural liens on same collateral - UCC 9-322.

...(A) Except as otherwise provided in this section, priority between conflicting security interests and agricultural liens in the same collateral shall be determined according to the following rules: (1) Conflicting perfected security interests and agricultural liens rank according to priority in time of filing or perfection. Priority dates from the earlier of the time a filing covering the collateral is first made or...

Section 133.01 | Uniform public securities law definitions.

...he board of education; (4) A regional water and sewer district, the secretary of the board of trustees; (5) A joint township hospital district, the treasurer of the district; (6) A joint ambulance district, the clerk of the board of trustees; (7) A joint recreation district, the person designated pursuant to section 755.15 of the Revised Code; (8) A detention facility district or a district organized under ...

Section 133.06 | Net indebtedness of school district.

...(A) A school district shall not incur, without a vote of the electors, net indebtedness that exceeds an amount equal to one-tenth of one per cent of its tax valuation, except as provided in divisions (G) and (H) of this section and in division (D) of section 3313.372 of the Revised Code, or as prescribed in section 3318.052 or 3318.44 of the Revised Code, or as provided in division (J) of this section. (B) Except ...

Section 135.15 | Transferring funds from one classification to another.

...Whenever the governing board, other than the state board of deposit, is of the opinion that the actual amount of active deposits is insufficient to meet the anticipated demands on such active deposits, it shall direct the treasurer to sell interim money investments or deposits or transfer from the inactive deposits to the active deposits an amount sufficient to meet such demands. The board shall designate in such ord...

Section 135.31 | County depository definitions.

...As used in sections 135.31 to 135.40 of the Revised Code: (A) "Active moneys" means an amount of public moneys in public depositories determined to be necessary to meet current demands upon a county treasury, and deposited in any of the following: (1) A commercial account and withdrawable, in whole or in part, on demand; (2) A negotiable order of withdrawal account as authorized in the "Consumer Checking Acc...

Section 135.352 | County library and local government support fund.

...The investment authority shall invest all moneys in the county public library fund that are not distributed due to an appeal of the budget commission's allocation of such fund. Interest earned on such investments shall be credited to the fund and distributed in accordance with section 5747.48 of the Revised Code.

Section 135.353 | County may invest inactive moneys in linked deposits.

...(A) In addition to the investments specified in section 135.35 of the Revised Code, the investing authority of a county may do all of the following: (1) Invest inactive or public moneys in linked deposits as authorized by resolution adopted pursuant to section 135.80 or 135.801 of the Revised Code; (2) Invest inactive or public moneys in linked deposits as authorized by resolution adopted pursuant to section 135.80...

Section 140.07 | Lawful investments.

...Obligations issued under section 133.08, 140.06, or 339.15 of the Revised Code or Section 3 of Article XVIII, Ohio Constitution, to pay costs of hospital facilities or to refund such obligations are lawful investments for entities enumerated in division (A)(1) of section 133.03 of the Revised Code, and are eligible as security for the repayment of the deposit of public moneys.

Section 145.112 | Prohibited business transactions.

...The public employees retirement system shall make no investments through or purchases from, or otherwise do any business with any individual who is, or any partnership, association, or corporation that is owned or controlled by, a person who within the preceding three years was employed by, a board member of, or an officer of the public employees retirement system, or in which a person who within the preceding three ...

Section 145.56 | Tax exemptions.

...The right of an individual to a pension, an annuity, or a retirement allowance itself, the right of an individual to any optional benefit, any other right accrued or accruing to any individual, under this chapter, or under any municipal retirement system established subject to this chapter under the laws of this state or any charter, the various funds created by this chapter, or under such municipal retirement system...

Section 149.60 | Ohio Ireland trade commission.

...(A) The Ohio Ireland trade commission is created. The commission shall study potential means of advancing the following: (1) Bilateral trade and investment between Ohio and Ireland; (2) Policy issues of mutual interest to Ohio and Ireland; (3) Business and academic exchanges between Ohio and Ireland; (4) Mutual economic support between Ohio and Ireland; (5) Mutual investment in the infrastructure of Oh...

Section 150.04 | Terms and conditions for tax credits; Security against losses.

...(A) The investment policy established or modified under section 150.03 of the Revised Code shall specify the terms and conditions under which the authority may grant tax credits under section 150.07 of the Revised Code, subject to that section and division (B) of this section, to provide security against lenders' losses. (B) Nothing in this chapter authorizes the providing of security against losses on any bases o...

Section 150.07 | Authorizing tax credits.

...(A) For the purpose stated in section 150.01 of the Revised Code, the authority may authorize a lender to claim one of the refundable tax credits allowed under section 5707.031, 5725.19, 5726.53, 5727.241, 5729.08, 5733.49, or 5747.80 of the Revised Code. The credits shall be authorized by a written contract with the lender. The contract shall specify the terms under which the lender may claim the credit, inclu...

Section 1509.28 | Order providing for unit operation of a pool or part thereof.

...(A)(1) A person who has obtained the consent of the owners of at least sixty-five per cent of the land area overlying a pool or a part of a pool may submit an application for the operation as a unit of the entire pool or part of the pool to the chief of the division of oil and gas resources management. In calculating the sixty-five per cent, an owner's entire interest in each tract in the proposed unit area, includin...

Section 1513.371 | Long-term abandoned mine reclamation fund.

...The long-term abandoned mine reclamation fund is created in the state treasury. The fund shall be administered by the chief of the division of mineral resources management and consist of grants awarded by the United States secretary of the interior from the federal abandoned mine reclamation fund pursuant to the federal "Infrastructure Investment and Jobs Act," Pub. L. No. 177-58. All investment earnings of the fund ...

Section 1531.33 | Wildlife habitat fund.

...(A) The wildlife habitat fund is hereby created in the state treasury. The fund shall consist of the investment earnings of the wildlife habitat trust fund created in section 1531.32 of the Revised Code; gifts, donations, bequests, and other moneys contributed to the division of wildlife for the purposes of the fund; moneys collected under division (H) of section 1531.06 of the Revised Code; contributions collected u...

Section 154.24 | Additional definitions; issuance of obligations; leasing facilities.

...(A) In addition to the definitions provided in section 154.01 of the Revised Code: (1) "Capital facilities" includes, for purposes of this section, storage and parking facilities related to such capital facilities. (2) "Costs of capital facilities" includes, for purposes of this section, the costs of assessing, planning, and altering capital facilities, and the financing thereof, all related direct administr...

Section 1545.27 | Bonds are lawful investments.

...Park district revenue bonds are lawful investments of banks, trust companies, trustees, the boards of trustees of the sinking funds of municipal corporations, school districts, and counties, the administrator of workers' compensation, the state teachers retirement system, the public employees retirement system, and the school employees retirement system, and also are acceptable as security for the deposit of public m...

Section 165.08 | Bonds are lawful investments.

...Bonds issued under this chapter are lawful investments of banks, societies for savings, savings and loan associations, deposit guarantee associations, trust companies, trustees, fiduciaries, insurance companies, including domestic for life and domestic not for life, trustees or other officers having charge of sinking and bond retirement or other special funds of political subdivisions and taxing districts of this sta...

Section 166.09 | Crediting loan repayments.

...There shall be credited to the facilities establishment fund the moneys received by the state from the repayment of loans and recovery on loan guarantees, including interest thereon, made from the facilities establishment fund or from the loan guarantee fund and from the sale, lease, or other disposition of property acquired or constructed from moneys in the facilities establishment fund with moneys derived from the ...

Section 166.16 | Innovation Ohio loan fund.

...(A) The director of development, with the approval of the controlling board and subject to the other applicable provisions of this chapter, may lend moneys in the innovation Ohio loan fund to persons for the purpose of paying allowable innovation costs of an eligible innovation project if the director determines that: (1) The project is an eligible innovation project and is economically sound. (2) The borrower is u...