Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
The undertaking provided for in section 131.11 of the Revised Code shall be continuous in form and shall remain in full force as to all deposits secured by it until they have been totally withdrawn, including all interest thereon. In case the deposits are increased or decreased or the federal deposit insurance is decreased or increased, the depository may furnish and substitute for said undertaking a good and sufficient new undertaking not less than the excess of the sum then on deposit over the amount of such insurance or in an amount which together with securities legally hypothecated is not less than the excess of the sum so on deposit over the amount of such insurance. Any depository which has furnished more than one undertaking for any deposit may, if such deposit is reduced or if the amount of insurance thereon is increased, obtain the release and surrender of any undertaking if there remain in force to secure said deposit an undertaking and securities, or either, not less than the excess of the sum then on deposit over and above the amount of such insurance. The depositor may release any undertaking and surrender it to the depository upon the total withdrawal of any deposit, or upon the reduction of any deposit and upon the furnishing and acceptance of any new undertaking or securities substituted therefor.
Structure Ohio Revised Code
Chapter 131 | Revenues and Funds
Section 131.01 | Revenues and Funds Definitions.
Section 131.02 | Collecting Amounts Due to State.
Section 131.021 | Certification of Pending Nonfinal Tax Liability to Attorney General.
Section 131.022 | Sale of Final Overdue Claims - Notice to Obligor.
Section 131.023 | Biennial Report of Collection Efforts by Attorney General.
Section 131.024 | Recovery of Unclaimed Funds.
Section 131.025 | Participation in Federal Treasury Offset Program.
Section 131.03 | Collection of Delinquent Charges.
Section 131.09 | First Mortgage Loans as Security for Deposit of Public Money.
Section 131.10 | Subordination of Liens Upon Securities Held to Insure Contractual Obligations.
Section 131.13 | Securities Accepted in Lieu of Undertaking.
Section 131.14 | Hypothecation - Release.
Section 131.15 | Safekeeping of Hypothecated Securities.
Section 131.16 | Liability of Depositor - Use of Safety Deposit Boxes.
Section 131.18 | Release and Discharge of Treasurer, Clerk, or Judge From Liability.
Section 131.19 | Finding Necessary to Release Treasurer or Clerk.
Section 131.20 | Appeal From Findings.
Section 131.21 | Judgment Fund.
Section 131.22 | Transfer of Powers From Board of Trustees of the Sinking Fund to Treasurer.
Section 131.23 | Issuing Bonds to Assist in Paying Unsecured Indebtedness and Disability Assistance.
Section 131.32 | Classifying Funds of State and Custodial Funds of State Treasurer.
Section 131.33 | Unexpended Balances.
Section 131.331 | Funds Created for Specific Agencies.
Section 131.34 | Transfers Between Funds or Between State Agencies.
Section 131.35 | Spending Federal and Certain Nonfederal Revenue.
Section 131.36 | Transfers of Funds Between Federal Government and State.
Section 131.37 | Cash Management Improvement Fund.
Section 131.38 | Annual Report Regarding Segregated Custodial Funds.
Section 131.41 | Family Services Stabilization Fund.
Section 131.43 | Budget Stabilization Fund.
Section 131.45 | Minimum Appropriation per Pupil for Primary and Secondary Educational Purposes.
Section 131.50 | State Land Royalty Fund.
Section 131.51 | Credits to Local Government Funds.
Section 131.511 | Credit to Local Government Audit Support Fund.
Section 131.55 | Aggregate General Revenue Fund Appropriations Defined.
Section 131.56 | Post-2007 Fund Appropriations Not to Exceed Limitations.
Section 131.57 | Exceptions to Aggregate General Revenue Fund Appropriation Limitations.
Section 131.58 | Exclusions From Aggregate General Revenue Fund Appropriations.
Section 131.59 | Obligation to Make Debt Service Payments Unaffected.
Section 131.60 | Appropriations Limitations Do Not Apply to Unexpended Balances.