Ohio § 5505.07
Full text of Ohio Ohio Revised Code § 5505.07, with citation guidance and answers to common questions.
§ 5505.07.
(A) The state highway patrol retirement board may employ a secretary and secure the services
of employees for the transaction of business of the state highway patrol retirement
system. Effective ninety days after the effective date of this amendment, the board may not
employ a state retirement system investment officer, as defined in section 1707.01 of the Revised Code , who does not hold a valid state retirement system investment officer license issued
by the division of securities in the department of commerce. The compensation of all persons engaged by the board and all other expenses of the
board necessary for the proper operation of the pension fund shall be paid at such
rates and in such amounts as the board approves. Every expense voucher of an employee, officer, or board member of the state highway
patrol retirement system shall itemize all purchases and expenditures. (B) The clerical procedures required in the operation of the retirement system shall
be performed by the staff of the secretary appointed by the board. The cost of such clerical procedures and the services performed by the secretary
of the retirement system shall be paid by the retirement system. (C) The board shall appoint an actuary who shall be its technical advisor. (D) The board shall from time to time adopt such mortality and other tables of experience,
and such rate or rates of interest, as are required in the proper operation of the
retirement system. (E) The board shall determine by appropriate rules the service to be credited any member
in any calendar year. The board shall perform other functions and adopt rules as required for the proper
execution of Chapter 5505. of the Revised Code.
Frequently Asked Questions About Ohio § 5505.07
What does Ohio Revised Code § 5505.07 cover?
Section 5505.07 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5505.07?
A common citation format is "Ohio Revised Code § 5505.07" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5505.07 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.