2006 Ohio Revised Code - 327.04. Investment of funds.
§ 327.04. Investment of funds.
The board of trustees of the sinking fund shall invest all moneys subject to its control in bonds of the United States, of this state, or of a municipal corporation, school district, township, or county of the state, and shall hold in reserve in cash only such sums as may be needed for effecting the purposes of
sections 327.01 to
327.08, inclusive, of the Revised Code.
HISTORY: GC § 2976-21; 108 v PtI, 700, § 4; Bureau of Code Revision. Eff 10-1-53.
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