Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
The board of trustees of the sinking fund shall have charge of and provide for the payment of all bonds issued by the municipal corporation and the interest maturing thereon. Such board shall receive from the city auditor or the clerk of the village all taxes, assessments, and moneys collected for such purpose, and shall invest and disburse them in the manner provided by law. For the satisfaction of any obligations under its supervision, the board may sell or use any of the securities or moneys in its possession.
Structure Ohio Revised Code
Title 7 | Municipal Corporations
Chapter 739 | Trustees of Sinking Fund
Section 739.01 | Payment of Municipal Indebtedness - Sinking Fund.
Section 739.02 | Trustees of the Sinking Fund.
Section 739.03 | Organization of Board of Trustees of Sinking Fund.
Section 739.04 | Duty of Board With Respect to Bonded Indebtedness of Municipal Corporation.
Section 739.05 | Auditor's or Clerk's Report to Board.
Section 739.06 | Report of Board to Legislative Authority.
Section 739.07 | Investment of Moneys.
Section 739.08 | Payment of Obligations by Board.
Section 739.09 | Deposit and Withdrawal of Funds.
Section 739.10 | Powers and Duties - Investigation.
Section 739.11 | Records and Accounts.
Section 739.12 | Board of Tax Commissioners.
Section 739.13 | Record of Proceedings - Clerk.
Section 739.14 | Powers and Duties of Board of Tax Commissioners.