Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
When an original surveyed township or fractional township is situated in two or more counties, and the land granted thereto by congress for the support of public schools has been sold, the county auditor of the county to whose treasurer the interest on the proceeds of such sale is paid must apportion such interest to the counties in which such township is situated in proportion to the youth of the township enumerated in each. Such auditor shall certify to the auditor of each of the other counties the amount so ascertained to belong to the part of the township situated in his county, and transmit to the county treasurer of each such county an order on the treasurer of his own county for such amount. The auditor of each county shall apportion the amount of such interest belonging to the part of the township in his county, to the districts or parts of districts entitled thereto as is provided for the apportionment of the state common school funds.
Structure Ohio Revised Code
Title 33 | Education-Libraries
Section 3315.01 | Crediting of Investment Earnings.
Section 3315.02 | Board to Provide Funds - Control - Purpose - Commissioners of Sinking Fund.
Section 3315.03 | Investment of Sinking Fund.
Section 3315.04 | Report of Commissioners of Sinking Fund.
Section 3315.05 | Payment of Bonds and Interest.
Section 3315.06 | Governing Board of Service Center - Powers and Duties.
Section 3315.061 | Funds for Studies and Surveys.
Section 3315.09 | Contracts for Special Instruction.
Section 3315.091 | Contracts for Driver Education Instruction.
Section 3315.10 | Management and Control of Property Held in Trust for Educational Purposes.
Section 3315.11 | Replacement Fund - Purpose.
Section 3315.12 | Investment of the Fund.
Section 3315.13 | How Money Drawn From Fund.
Section 3315.14 | When Replacement Fund May Be Reduced, Disposed Of, or Expended.
Section 3315.15 | Service Fund Set Aside.
Section 3315.17 | Computer Science and Technology Fund.
Section 3315.18 | Capital and Maintenance Fund.
Section 3315.181 | Sources of Revenue for Capital and Maintenance Fund.
Section 3315.20 | Deficits in Special Funds.
Section 3315.29 | Payment When County Line Divides Township.
Section 3315.30 | Apportionment When County Line Divides an Original Surveyed Township.
Section 3315.31 | Duty of the County Auditor.
Section 3315.33 | Ohio Scholarship Fund for Teacher Trainees.
Section 3315.34 | Promissory Note of Scholarship Fund Recipient - Renewal of Scholarship.
Section 3315.35 | Statement of Service - Cancelled and Uncancelled Notes.
Section 3315.37 | Teacher Education Loan Program.
Section 3315.40 | Board May Establish Education Foundation Fund.
Section 3315.41 | Board May Create Trust for Investment of Money in Education Foundation Fund.
Section 3315.42 | Inapplicability to Certain School Districts.