Ohio § 6119.16
Full text of Ohio Ohio Revised Code § 6119.16, with citation guidance and answers to common questions.
§ 6119.16.
Moneys in the funds of a regional water and sewer district, except as otherwise provided
in any resolution authorizing the issuance of its water resource revenue bonds or
in any trust agreement securing the same, in excess of current needs, may be invested
in notes, bonds, or other obligations of the United States or of any agency or instrumentality
thereof, or in obligations of this state or any political subdivision thereof. Income from all such investments of moneys in any fund shall be credited to such
funds as the district determines, subject to the provisions of any such resolution
or trust agreement, and such investments may be sold at such times and at such prices
as the district determines.
Frequently Asked Questions About Ohio § 6119.16
What does Ohio Revised Code § 6119.16 cover?
Section 6119.16 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 § 6119.16?
A common citation format is "Ohio Revised Code § 6119.16" (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 § 6119.16 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.