Ohio Revised Code
Chapter 3315 | School Funds
Section 3315.42 | Inapplicability to Certain School Districts.

Effective: September 29, 2013
Latest Legislation: House Bill 59 - 130th General Assembly
Sections 3315.40 and 3315.41 of the Revised Code do not apply to either of the following:
(A) A school district that has received funds for a project under Chapter 3318. of the Revised Code, so long as the purchase price to be paid by the board for the state's interest in the project has not been paid;
(B) A school district that has an outstanding loan under section 3313.483 of the Revised Code.

Structure Ohio Revised Code

Ohio Revised Code

Title 33 | Education-Libraries

Chapter 3315 | School Funds

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 3315.062 | Student Activity Programs - Accident Insurance or Self-Insurance for Athletic Programs.

Section 3315.07 | Instructional Program for Employees - Supplies and Equipment for Local School Districts.

Section 3315.08 | Salaries of Employees and Officers of Board of Education - Payroll Account - Deposits.

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 3315.19 | Board Electing to Comply With Former Provisions of Law Concerning Fund for Capital and Maintenance.

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.