Ohio Revised Code
Chapter 3349 | Municipal Educational Institutions
Section 3349.19 | Trusteeship to Vest in Municipal Corporation.

Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
Upon the transfer and the acceptance of any estate, property, or funds under section 3349.18 of the Revised Code the municipal corporation and its successors, as trustees, shall become and be perpetually obligated and held to observe and execute such trust in all respects according to any other or further terms agreed upon at the time of such transfer and acceptance. Any court having jurisdiction of the appointment of trustees of such trust for educational purposes, in a proceeding therefor, duly instituted and had, may, with the consent of the legislative authority of the municipal corporation, appoint and constitute such municipal corporation trustee of the estate, property, and funds so transferred to it, and dispense with bond and surety upon the part of the municipal corporation for the performance of such trust, unless that is required by the original terms thereof, and upon the due transfer and acceptance of such trust shall release and fully discharge the trustees so transferring it. Any acceptance by such municipal corporation of any property, funds, rights, trust estate, or trusts given, granted, assigned, or otherwise conveyed or transferred to or bestowed upon such a municipal corporation or to or upon such a university, college, or other educational institution in good faith prior to September 16, 1943, and which are still held and retained by such municipal corporation or institution, shall be valid and binding as to all parties.

Structure Ohio Revised Code

Ohio Revised Code

Title 33 | Education-Libraries

Chapter 3349 | Municipal Educational Institutions

Section 3349.01 | Administration and Management of Municipal University.

Section 3349.02 | Board of Directors of University.

Section 3349.03 | Authority and Powers of Directors of Municipal University.

Section 3349.04 | Acquisition, Construction or Improvement of Buildings.

Section 3349.05 | Financing of University Facilities - Bonds.

Section 3349.06 | Bonds Are Lawful Investments.

Section 3349.07 | Agreements With United States.

Section 3349.08 | Liberal Construction of Statutes.

Section 3349.09 | Board May Confer Degrees.

Section 3349.10 | Village Solicitor or City Director of Law to Act as Attorney.

Section 3349.11 | Legislative Authority May Provide Site for Municipal University.

Section 3349.12 | Modification or Change of Grant.

Section 3349.13 | Annual Tax Levy for Municipal University - Rate - Application of Proceeds.

Section 3349.14 | Custody, Control, and Deposit of Funds.

Section 3349.15 | Construction and Improvement of Buildings.

Section 3349.16 | Board of Directors May Accept Educational Trusts.

Section 3349.17 | Exemption From Taxation.

Section 3349.18 | Application of Trust Funds.

Section 3349.19 | Trusteeship to Vest in Municipal Corporation.

Section 3349.20 | Accounts of Income and Expenditures.

Section 3349.21 | Investment of Funds.

Section 3349.22 | Citizens Not to Be Charged.

Section 3349.23 | Agreement With Board of Directors of Municipal University.

Section 3349.24 | County, Township, or Municipal Corporation Participation in University - Rights and Privileges.

Section 3349.241 | Agreement Between Board of Education and Board of Directors.

Section 3349.243 | Consolidation of School District Terminates Agreement.

Section 3349.25 | Municipal University Taxing District.

Section 3349.26 | Agreements Not to Limit Municipal Taxing Power.

Section 3349.27 | Agreements Between Boards of Municipal Educational Institutions and State Universities.

Section 3349.28 | Further Provisions in Agreements.

Section 3349.281 | Transfer of Institution to State Not to Reduce Employee Vacation Leave.

Section 3349.29 | Agreements to Be Approved by Legislative Authority.

Section 3349.30 | Illegality or Invalidity of Agreement Provisions.

Section 3349.31 | Agreements Providing for Establishment and Operation of Affiliated Units.

Section 3349.32 | Further Provisions in Affiliated Unit Agreements.

Section 3349.33 | Municipal University Serving as State-Affiliated Institution - Applicability of Laws.