Ohio Revised Code Search
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Section 3309.044 | Selection of internal auditor.
...The school employees retirement board shall appoint a committee to oversee the selection of an internal auditor. The committee shall select one or more persons for employment as an internal auditor. The board shall employ the person or persons selected by the committee. The committee shall consist of the following board members: one retirant member, one employee member, and one other member. The committee shall annu... |
Section 3309.051 | Orientation program required for new members - continuing education.
...Each member of the school employees retirement board shall, not later than ninety days after commencing service as a board member, complete the orientation program component of the retirement board member education program established under section 171.50 of the Revised Code. Each member of the board who has served a year or longer as a board member shall, not less than twice each year, attend one or more pro... |
Section 3309.052 | Members with excessive travel expenses ineligible for another term.
...on for travel-related expenses that averaged more than ten thousand dollars annually for those fiscal years. |
Section 3309.06 | Board elections.
...or employee and retirant members of the school employees retirement board shall be held on the first Monday of March. Terms of office of the employee and retirant members of the board shall be for four years each, commencing on the first day of July following the election and ending on the thirtieth day of June. The initial terms of the first retirant member and the new employee member shall commence on July 1, 1984,... |
Section 3309.061 | Disqualification of convicted member - misconduct in office - removal procedure.
...(A) The office of a member of the school employees retirement board who is convicted of or pleads guilty to a felony, a theft offense as defined in section 2913.01 of the Revised Code, or a violation of section 102.02, 102.03, 102.04, 2921.02, 2921.11, 2921.13, 2921.31, 2921.41, 2921.42, 2921.43, or 2921.44 of the Revised Code shall be deemed vacant. A person who has pleaded guilty to or been convicted of an of... |
Section 3309.071 | No election when only one nominee for employee or retirant member.
...6, and 3309.07 of the Revised Code, the school employees retirement board is not required to hold an election for a position on the board as an employee member or retirant member if only one candidate has been nominated for the position by petition in accordance with section 3309.07 of the Revised Code. The candidate shall take office as if elected. The term of office shall be four years beginning on the first day of... |
Section 3309.072 | Candidate campaign finance statements - donor statement of independent expenditures.
...didates or of the campaign committee or agent of the candidate or candidates. An independent expenditure shall not be construed as being a contribution. As used in division (A)(6) of this section: (a) "Advocating" means any communication containing a message advocating election or defeat. (b) "Identified candidate" means that the name of the candidate appears, a photograph or drawing of the candidate appears,... |
Section 3309.073 | Filing of statements - prohibited campaign activities.
...ich the candidate received a salary or wages; (4) Make a false statement that a candidate or board member has been indicted or convicted of a theft offense, extortion, or other crime involving financial corruption or moral turpitude; (5) Make a statement that a candidate has been indicted for any crime or has been the subject of a finding by the Ohio elections commission without disclosing the outcome of any legal ... |
Section 3309.074 | Complaint alleging violation of RC 3309.073 - procedure - fine.
...The secretary of state, or any person acting on personal knowledge and subject to the penalties of perjury, may file a complaint with the Ohio elections commission alleging a violation of section 3309.073 of the Revised Code. The complaint shall be made on a form prescribed and provided by the commission. A complaint shall be filed not later than two years after the occurrence of the act or failure to act that... |
Section 3309.075 | Adoption of election rules - certification of nominating petitions and election results.
...(A) The school employees retirement board, after consultation with the secretary of state, shall adopt rules in accordance with section 111.15 of the Revised Code, governing all of the following: (1) The administration of elections of members of the board under section 3309.07 of the Revised Code and elections held under section 3309.06 of the Revised Code to fill vacancies on the board; (2) Nominating petit... |
Section 3309.08 | Oath of office.
...Each member of the school employees retirement board upon appointment or election shall take an oath of office that he will support the constitution of the United States, the constitution of the state, and that he will diligently and honestly administer the affairs of the said board and that he will not knowingly violate or willfully permit to be violated any law applicable to Chapter 3309. of the Revised Code. Suc... |
Section 3309.09 | Quorum.
...A majority of the members of the school employees retirement board constitutes a quorum for the transaction of any business. Any action taken by the board shall be approved by a majority of the members of the board. All meetings of the board shall be open to the public except executive sessions as set forth in division (G) of section 121.22 of the Revised Code, and any portions of any sessions discussing medical reco... |
Section 3309.091 | Video conference meetings.
...section 121.22 of the Revised Code, the school employees retirement board may adopt a policy that allows a board member to attend a meeting of the board by means of video conference. The board shall include in the policy, if adopted, both of the following: (1) The number of regular meetings at which each board member shall be present in person, provided that number is not less than three-quarters of the regular mee... |
Section 3309.10 | Service on board; reimbursement for employer; expenses; liability insurance.
...(C) The board may secure insurance coverage designed to indemnify board members and employees for their actions or conduct in the performance of official duties, and may pay required premiums for such coverage from the expense fund. (D) The board shall adopt rules in accordance with section 111.15 of the Revised Code establishing a policy for reimbursement of travel expenses incurred by board members in the per... |
Section 3309.11 | Officers - executive director.
...The school employees retirement board shall elect, from its membership, a chairperson, and shall employ an executive director who shall serve as secretary. |
Section 3309.12 | Treasurer of state is custodian of funds.
...ll be the custodian of the funds of the school employees retirement system, and all disbursements therefrom shall be paid by the treasurer of state only upon instruments duly authorized by the school employees retirement board and bearing the signatures of the board; provided, that such instruments may bear the names of the board members printed thereon and the signatures of the president and secretary of the board. ... |
Section 3309.13 | Legal adviser.
...neral shall be the legal adviser of the school employees retirement board. |
Section 3309.14 | Technical and administrative employees - retirement applications.
...ce. The compensation of all persons engaged by the board and all other expenses of the board necessary for the proper operation of the system shall be paid at such rates and in such amounts as the board approves. Every expense voucher of an employee, officer, or board member of the school employees retirement system shall itemize all purchases and expenditures. The board shall receive and act upon all applications ... |
Section 3309.15 | Investment and fiduciary duties of board.
...icies and criteria for the selection of agents with whom the board may contract for the administration of the funds, the board shall comply with sections 3309.157 and 3309.159 of the Revised Code and shall also give equal consideration to minority owned and controlled firms, firms owned and controlled by women, and ventures involving minority owned and controlled firms and firms owned and controlled by women that oth... |
Section 3309.155 | Prohibited business transactions.
...The school employees retirement system shall make no investments through, 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 system, or in which a person who within the preceding three years was employed by, a board... |
Section 3309.156 | Restrictions on fiduciaries.
...chool employees retirement system to engage in a transaction, if he knows or should know that such transaction constitutes a direct or indirect: (1) Sale or exchange, or leasing, of any property between the system and a party in interest; (2) Lending of money or other extension of credit between the system and a party in interest; (3) Furnishing of goods, services, or facilities between the system and a party in i... |
Section 3309.157 | Designation of Ohio-qualified agents - selection policy - utilization - annual report.
...eans an agent designated as such by the school employees retirement board. (4) "Ohio-qualified investment manager" means an investment manager designated as such by the school employees retirement board. (5) "Principal place of business" means an office in which the agent regularly provides securities or investment advisory services and solicits, meets with, or otherwise communicates with clients. (B) The schoo... |
Section 3309.158 | Annual disclosures to Ohio Ethics Commission.
...of value received by the system from an agent and anything of value given on behalf of the system by an agent; (2) The name of any employee of the system with authority over the investment of retirement system funds or any board member of the system who deals with an agent regarding amounts described in division (A)(1) of this section. (B) The disclosures required by this section shall be made annually in a report ... |
Section 3309.159 | Designation of Ohio-qualified investment managers - utilization - annual report.
...his section, designate an investment manager as an Ohio-qualified investment manager if the investment manager meets all of the following requirements: (1) The investment manager is subject to taxation under Chapter 5725., 5726., 5733., 5747., or 5751. of the Revised Code. (2) The investment manager meets one of the following requirements: (a) Has its corporate headquarters or principal place of business in this s... |
Section 3309.16 | Denomination or consolidation of bonds.
... be in the denomination required by the school employees retirement board in its resolution of purchase, or the board may by its resolution require that all bonds of any series of bonds purchased by it from any taxing district be consolidated and issued as one bond, the principal amount of which shall be equal to the aggregate amount of all the bonds of said series, which principal together with the interest thereon ... |