Effective: March 20, 2015
Latest Legislation: House Bill 494 - 130th General Assembly
Except as otherwise provided in any bond proceedings or in any trust agreement securing securities, money in the funds of the governing board of a regional transportation improvement project in excess of current needs may be invested as permitted by sections 135.01 to 135.21 of the Revised Code. Income from all investments of moneys in any fund shall be credited to funds as the governing board determines, subject to the provisions of any such proceedings or trust agreement, and the investments may be sold at any time the governing board determines.
Structure Ohio Revised Code
Title 55 | Roads-Highways-Bridges
Chapter 5595 | Regional Transportation Improvement Projects
Section 5595.01 | Definitions.
Section 5595.02 | Regional Transportation Improvement Projects.
Section 5595.03 | Resolution by Board.
Section 5595.04 | Powers of Governing Board.
Section 5595.05 | Issuance of Securities.
Section 5595.07 | Request for Assistance From Department of Transportation.
Section 5595.08 | Disposition of Funds.
Section 5595.10 | Fiscal Officer.