Ohio Revised Code (Last Updated: January 27, 2016) |
Title 33. XXXIII EDUCATION - LIBRARIES |
Chapter 3349. MUNICIPAL EDUCATIONAL INSTITUTIONS |
Section 3349.06. Bonds are lawful investments
Latest version.
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Bonds, notes, and other evidences of indebtedness issued under section 3349.05 of the Revised Code are lawful investments of banks, savings banks, trust companies, savings and loan associations, deposit guarantee associations, trustees, fiduciaries, trustees or other officers having charge of sinking or bond retirement funds of municipal corporations and other subdivisions of this state, and of domestic insurance companies notwithstanding sections 3907.14 and 3925.08 of the Revised Code, and are acceptable as security for deposit of public moneys.
Effective Date: 03-07-1997