There Is a Newer Version of the Ohio Revised Code
  1. 2025 Ohio Rev. Code
  2. 2024 Ohio Rev. Code
  3. 2023 Ohio Rev. Code
  4. 2010 Ohio Rev. Code (here)
  5. View All Versions
View Our Newest Version Here

2010 Ohio Revised Code
Title [1] I STATE GOVERNMENT
Chapter 183: TOBACCO MASTER SETTLEMENT AGREEMENT
183.30 Administrative expenses.

183.30 Administrative expenses.

(A) Except as provided in division (C) of this section, no more than five per cent of the total disbursements, encumbrances, and obligations of the southern Ohio agricultural and community development foundation in a fiscal year shall be for administrative expenses of the foundation in the same fiscal year.

(B) Except as provided in division (C) of this section, no more than five per cent of the total disbursements, encumbrances, and obligations of the biomedical research and technology transfer trust fund in a fiscal year shall be for expenses relating to the administration of the trust fund by the third frontier commission in the same fiscal year.

(C) This section’s five per cent limitation on administrative expenses does not apply to any fiscal year for which the controlling board approves a spending plan that the foundation or commission submits to the board.

Effective Date: 07-01-2003; 09-05-2006; 2008 HB544 05-06-2008

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.