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2025 Ohio Revised Code
Title 3 | Counties
Chapter 306 | County Transit System; Regional Transit Authority; Regional Transit Commission
Section 306.85 | Bonds Are Lawful Investments.
Universal Citation:
OH Rev Code § 306.85 (2025)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Effective: November 2, 1999
Latest Legislation: House Bill 222 - 123rd General Assembly
Bonds of a regional transit commission are lawful investments of banks, savings banks, mutual savings banks, trust companies, savings and loan associations, deposit guaranty associations, bond retirement funds or sinking funds of municipal corporations, boards of education, regional transit commissions, counties, the administrator of workers' compensation, state teachers retirement system, school employees retirement system, public employees retirement system, Ohio police and fire pension fund, and domestic insurance companies for life and other than life, and are acceptable as security for the deposit of public moneys.
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