Ohio Revised Code
Chapter 131 | Revenues and Funds
Section 131.13 | Securities Accepted in Lieu of Undertaking.

Effective: June 11, 1968
Latest Legislation: Senate Bill 321 - 107th General Assembly
In place of the undertaking provided for in section 131.11 of the Revised Code, the depositor may accept as security for money deposited, to the extent such money is not covered by federal deposit insurance, the securities listed in section 135.18 of the Revised Code and any securities expressly made eligible as security for public deposits under any other law of this state.
Deposits may be made in the depositories up to ninety per cent of the market value of such securities. No service charge shall be made against any such deposit, or collected from or paid by any such depositor, unless such service charge is the same as is customarily imposed by institutions receiving money on deposit subject to check, in the municipal corporation in which the depository is located, in which event the depositor may pay the service charge from operating funds of his office. The depositor may accept such securities as partial security and require an undertaking for the remainder of the full amount of security required by law, and in such undertaking such acceptance and the extent thereof shall be set forth.

Structure Ohio Revised Code

Ohio Revised Code

Title 1 | State Government

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 131.11 | Security Required for County Funds Deposited by Certain Public Officials; Service Charge.

Section 131.12 | Continuous Undertaking - New Undertaking on Increase or Decrease of Deposits - Release.

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 131.39 | Refunds.

Section 131.41 | Family Services Stabilization Fund.

Section 131.43 | Budget Stabilization Fund.

Section 131.44 | Transferring Surplus Revenue to Budget Stabilization Fund and Income Tax Reduction 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.