Ohio § 739.07
Full text of Ohio Ohio Revised Code § 739.07, with citation guidance and answers to common questions.
§ 739.07.
The board of trustees of the sinking fund shall invest all moneys received by it in
bonds of the United States, of this state, or of any municipal corporation, school,
township, or county of this state, and shall hold in reserve only such sums as may
be needed for effecting the terms of Title VII of the Revised Code. If the law or the instrument creating a trust for such moneys expressly permits
investment in direct obligations of the United States or an agency thereof, unless
expressly prohibited by the instrument, such moneys also may be invested in no front
end load money market mutual funds consisting exclusively of obligations of the United
States or an agency thereof and in repurchase agreements, including those issued by
the fiduciary itself, secured by obligations of the United States or an agency thereof;
and in collective investment funds established in accordance with section 1111.14 of the Revised Code and consisting exclusively of any such securities, notwithstanding division (A)(1)(c)
of that section. All interest received by the board shall be invested in the same manner.
Frequently Asked Questions About Ohio § 739.07
What does Ohio Revised Code § 739.07 cover?
Section 739.07 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 § 739.07?
A common citation format is "Ohio Revised Code § 739.07" (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 § 739.07 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.