2015 Ohio Revised Code
Title [37] XXXVII HEALTH - SAFETY - MORALS
Chapter 3735 - METROPOLITAN HOUSING AUTHORITY
Section 3735.37 - Annual report.
A metropolitan housing authority shall keep an accurate account of all its activities and of all receipts and expenditures and make an annual report of these publicly available. All moneys received in excess of operating expenditures shall be devoted to the payment of interest and sinking fund charges for the retirement of indebtedness, whether secured by mortgage or otherwise, and from the excess there shall be set aside such fund as the authority deems proper for the purpose of covering repairs, depreciation, and reserves. Whatever balance then remains shall be applied to the reduction of rentals thereafter falling due.
Amended by 129th General AssemblyFile No.127, HB 487, ยง101.01, eff. 9/10/2012.
Effective Date: 06-06-1986
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
