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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 3357.10 | Election of treasurer of district.

...(A) The board of trustees of a technical college district shall elect a treasurer, who is not a member of the board, to serve at its pleasure. The treasurer may be the person serving as secretary under section 3357.06 of the Revised Code. The treasurer shall be the fiscal officer of the district and shall receive and disburse all funds of the district under the direction of the board. No contract of the board in...

Section 3375.404 | Issuance of notes and anticipation notes.

...ngs" means the resolution, legislation, trust agreement, certification and other agreements, instruments, and documents, as amended and supplemented, authorizing, or providing for the security or sale or award of, notes, and includes the provisions set forth or incorporated in those notes and proceedings. (3) "Board" or "board of library trustees" means the board of library trustees appointed pursuant to sections 33...

Section 349.08 | Issuing bonds.

...unts as, in the opinion of the board of trustees of the authority, are necessary for the purposes of paying all or any part of the cost of land acquisition, land development, or the acquisition or construction of community facilities or parts thereof. The authority may, from time to time, issue renewal notes, issue bonds to pay such notes and, whenever it considers refunding expedient, refund any bonds by the issuanc...

Section 349.12 | Investing funds.

...its community authority bonds or in any trust agreement or indenture of mortgage securing the same, or related agreement, in excess of current needs, may be invested in notes, bonds, or other obligations of the United States, or of any agency or instrumentality thereof, or in obligations of this state or any political subdivision thereof. If the law or the instrument creating a trust pursuant to section 349.10 of the...

Section 351.14 | Issuing bonds.

...thereof. Neither the resolution nor any trust agreement by which a pledge is created need be filed or recorded except in the authority's records. Whether or not the bonds or notes are of such form and character as to be negotiable instruments, the bonds or notes shall have all the qualities and incidents of negotiable instruments, subject only to the provisions of the bonds or notes for registration. The bonds and ...

Section 351.141 | Issuing anticipation bonds.

...he lien. Neither the resolution nor any trust agreement by which a pledge is created need be filed or recorded except in the authority's records. Whether or not the bonds or notes are of such form and character as to be negotiable instruments under Title XIII of the Revised Code, the bonds or notes shall have all the qualities and incidents of negotiable instruments, subject only to their provisions for registratio...

Section 353.09 | Lake facilities authority revenue bonds.

...hereof. Neither the resolution nor any trust agreement by which a pledge is created need be filed or recorded except in the records of the lake facilities authority. Whether or not the lake facilities authority revenue bonds are of such form and character as to be negotiable instruments, the lake facilities authority revenue bonds shall have all the qualities and incidents of negotiable instruments, subject o...

Section 3701.045 | Child fatality review boards conducting reviews.

...th, in consultation with the children's trust fund board established under section 3109.15 of the Revised Code and any bodies acting as child fatality review boards on October 5, 2000, shall adopt rules in accordance with Chapter 119. of the Revised Code that establish a procedure for county or regional child fatality review boards to follow in conducting a review of the death of a child. The rules shall do all of th...

Section 3706.05 | Authority may issue revenue bonds and notes.

...thereof. Neither the resolution nor any trust agreement by which a pledge is created need be filed or recorded except in the records of the authority. Whether or not the bonds or notes are of such form and character as to be negotiable instruments, the bonds or notes shall have all the qualities and incidents of negotiable instruments, subject only to the provisions of the bonds or notes for registration. The bonds...

Section 3746.26 | Exempting persons holding indicia of ownership in property primarily to protect security interest.

...without limitation, mortgages, deeds of trust, liens, surety bonds and guarantees of obligations, title held pursuant to a lease financing transaction in which the lessor does not initially select the leased property, which shall hereafter be referred to as a lease financing transaction, legal or equitable title obtained pursuant to foreclosure, and their equivalents. Evidence of those interests also includes assignm...

Section 3752.113 | Exemption of indentured trustee for debt securities.

...tate and who is serving as an indenture trustee for debt securities or certificates of participation in any such debt securities, provided that the indenture trustee has not exercised actual and direct control over the use, generation, transportation, treatment, storage, or disposal of regulated substances at a reporting facility. For the purposes of this section, "actual and direct control" does not include any act...

Section 3770.07 | Claiming of prizes - unclaimed lottery prizes fund.

...y the executor or administrator, or the trustee of a trust, of the estate of a deceased holder of a winning lottery product, in a manner to be determined by the state lottery commission, within one hundred eighty days after the date on which the prize award was announced if the lottery game is an online game, within one hundred eighty days after the close of the game if the lottery game is an instant game, and within...

Section 3913.04 | Appointment of trustees - deposit retained by superintendent of insurance.

...The trustees provided for in section 3913.02 of the Revised Code shall be appointed and vacancies shall be filled by the superintendent of insurance. Such trustees shall be qualified directors of the corporation at the time of such appointment and shall continue as such trustees until the purpose of the trust is accomplished or abandoned, unless they are removed for cause by the superintendent. Said trustees shall fi...

Section 3916.09 | Independent escrow agent.

...to the escrow agent for deposit in a trust or escrow account set up for that purpose by the escrow agent in a regulated financial institution. Upon payment of the settlement proceeds into the escrow or trust account, the escrow agent or trustee shall deliver the original change in ownership, assignment, or change in beneficiary forms to the viatical settlement provider, a representative of the via...

Section 3929.631 | Stabilization reserve fund.

...g association promptly shall pay to the trustee of the stabilization reserve fund all stabilization reserve fund charges that it collects from its policyholders. (E) All money received by the stabilization reserve fund shall be held in trust by a corporate trustee selected by the directors. The corporate trustee may invest the money held in trust, subject to the approval of the directors. All investment income shall...

Section 3959.01 | Third-party administrator definitions.

...es to reimburse the insured employer or trust for all benefits or claims paid during an agreement period on behalf of all covered persons under the plan or trust which exceed a stated deductible amount and subject to a stated maximum. (D) "Contracted pharmacy" or "pharmacy" means a pharmacy located in this state participating in either the network of a pharmacy benefit manager or in a health care or pharmacy benef...

Section 4141.01 | Unemployment compensation definitions.

...limited liability company, association, trust, estate, joint-stock company, insurance company, or corporation, whether domestic or foreign, or the receiver, trustee in bankruptcy, trustee, or the successor thereof, or the legal representative of a deceased person who subsequent to December 31, 1971, or in the case of political subdivisions or their instrumentalities, subsequent to December 31, 1973: (a) Had in emp...

Section 4501.028 | Second chance trust fund donation requests.

...ntary contribution to the second chance trust fund established under section 2108.34 of the Revised Code: (1) A person applying for or renewing a driver's license, motorcycle operator's endorsement, or duplicate; (2) A person applying for or renewing an identification card or duplicate; (3) A person applying for or renewing a commercial driver's license, restricted commercial driver's license, or duplicate. (...

Section 4582.48 | Issuing revenue and refunding bonds.

...hereof. Neither the resolution nor any trust agreement by which a pledge is created need be filed or recorded except in the records of the port authority. Whether or not the port authority revenue bonds are of such form and character as to be negotiable instruments, the port authority revenue bonds shall have all the qualities and incidents of negotiable instruments, subject only to the provisions of the bond...

Section 4710.02 | Disbursements to creditors - separate trust accounts - contributions - audit - insurance.

...om the debtor; (2) Maintain a separate trust account for the receipt of any funds from debtors and the disbursement of the funds to creditors on behalf of the debtors; (3) Charge or accept only reasonable fees or contributions in accordance with division (B) of this section; (4) Establish and implement a policy that allows for the waiver or discontinuation of fees or contributions not prohibited by division (B) of...

Section 4717.31 | Who may sell certain preneed funeral contracts.

... 4717.38 of the Revised Code. (E) No trustee of a preneed funeral contract trust shall fail to comply with sections 4717.33, 4717.34, 4717.36, and 4717.37 of the Revised Code. (F) No insurance agent or insurance company that sells or offers life insurance policies or annuities used to fund a preneed funeral contract shall fail to comply with this section and sections 4717.33, 4717.34, 4717.35, an...

Section 4717.34 | Right of purchaser to rescind contract.

...he contract. No money deposited in a trust fund for an irrevocable preneed funeral contract shall be withdrawn to purchase an insurance policy or annuity, except that a trustee may use money in the trust fund to purchase a life insurance policy or annuity as an investment for the trust fund.

Section 4767.11 | Ceased operations.

... appointment of a temporary receiver or trustee. The order appointing the temporary receiver or trustee shall order the trustee or trustees of the endowment care trust of the cemetery to make distributions to the receiver or trustee in accordance with section 1721.21 of the Revised Code. The receiver shall only be paid from the income of interest and dividends in the endowment care trust being held pursuant to sect...

Section 4781.25 | Rules and regulations for manufactured housing brokers.

...r to maintain at all times a special or trust bank account that is noninterest-bearing, is separate and distinct from any personal or other account of the broker, and into which shall be deposited and maintained all escrow funds, security deposits, and other moneys received by the broker in a fiduciary capacity. In a form determined by the division, a manufactured housing broker shall submit written proof to the divi...

Section 4971.04 | Powers of new company.

...assumes to pay by mortgages or deeds of trust of its railroad or other property, including all its cars, other rolling stock, equipment, machinery, tools, implements, fuel, materials, and other things then held or later acquired for constructing, operating, or repairing the railroad, or for repairing or replacing its equipment or appurtenances, as part and parcel of the railroad, and as constituting with the railroad...