reglab/housing_qa huggingface dataset:
Ohio Rev Code § 135.351 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.351 | Crediting Interest.

Effective: April 7, 2009|Latest Legislation:  Senate Bill 353 - 127th General Assembly|(A) Except as provided in sections 135.352 and 1545.22 of the Revised Code, all interest earned on money included within the county treasury shall be credited to the general fund of the county. (B) Unless otherwise provided by law, with respect to moneys belonging to another political subdivision, taxing district, or special district that are deposited or invested by the county, the county shall pay and distribute such moneys in accordance with division (B)(1), (2), or (3) of this section, as appropriate:(1) On or before the tenth day of the month following the month in which the county received such moneys or on or before such later date authorized by the legislative authority or other governing body of the other political subdivision or district, pay and distribute all such moneys to the treasurer or other appropriate officer of the other political subdivision or district.(2) With respect to moneys due to boards and subdivisions under section 321.31 of the Revised Code, pay and distribute such moneys within five business days after the final date prescribed by law for such settlement, or if the settlement date is lawfully extended, within five business days after the date of such lawful extension.(3) With respect to moneys for which any advance authorized by section 321.34 or 321.342 of the Revised Code has been requested, pay and distribute such moneys within five business days after the request for the advance is delivered to the county auditor.(C) If the county fails to make any payment and distribution required by division (B) of this section within the time periods prescribed by that division, the county shall pay to the appropriate other political subdivision, taxing district, or special district any interest that the county has received or will receive on any moneys or advance described in that division which accrues after the date such moneys or advance should have been distributed, together with the principal amount of such moneys or advance. The county shall make this payment of principal and interest within five business days after the treasurer or other appropriate officer of such other political subdivision or district files a written demand for payment with the county auditor.
Ohio Rev Code § 135.352 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.352 | County Library and Local Government Support Fund.

Effective: June 20, 2008|Latest Legislation:  Senate Bill 185 - 127th General Assembly|The investment authority shall invest all moneys in the county public library fund that are not distributed due to an appeal of the budget commission's allocation of such fund. Interest earned on such investments shall be credited to the fund and distributed in accordance with section 5747.48 of the Revised Code.
Ohio Rev Code § 135.353 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.353 | County May Invest Inactive Moneys in Linked Deposits.

Effective: September 29, 2015|Latest Legislation:  House Bill 64 - 131st General Assembly|(A) In addition to the investments specified in section 135.35 of the Revised Code, the investing authority of a county may do all of the following:(1) Invest inactive or public moneys in linked deposits as authorized by resolution adopted pursuant to section 135.80 or 135.801 of the Revised Code;(2) Invest inactive or public moneys in linked deposits as authorized by resolution adopted pursuant to section 135.805 of the Revised Code for a term considered appropriate by the investing authority, but not exceeding fifteen years, which investment may be renewed for up to two additional terms with each additional term not exceeding fifteen years.(3) Invest inactive moneys in certificates of deposit in accordance with all of the following:(a) The inactive moneys initially are deposited with an eligible public depository described in section 135.32 of the Revised Code and selected by the investing authority.(b) For the investing authority depositing the inactive moneys pursuant to division (A)(3)(a) of this section, the eligible public depository selected pursuant to that division invests the inactive moneys in certificates of deposit of one or more federally insured banks, savings banks, or savings and loan associations, wherever located. The full amount of principal and any accrued interest of each certificate of deposit invested in pursuant to division (A)(3)(b) of this section shall be insured by federal deposit insurance.(c) For the investing authority depositing the inactive moneys pursuant to division (A)(3)(a) of this section, the eligible public depository selected pursuant to that division acts as custodian of the certificates of deposit described in division (A)(3)(b) of this section.(d) On the same date the public moneys are redeposited by the public depository, the public depository may, in its sole discretion, choose whether to receive deposits, in any amount, from other banks, savings banks, or savings and loan associations.(e) The public depository provides to the investing authority a monthly account statement that includes the amount of its funds deposited and held at each bank, savings bank, or savings and loan association for which the public depository acts as a custodian pursuant to this section.(B) Inactive moneys deposited or invested in accordance with division (A)(3) of this section are not subject to any pledging requirements described in section 135.181, 135.182, or 135.37 of the Revised Code.
Ohio Rev Code § 135.354 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.354 | Redeposit of Inactive Moneys.

Effective: September 29, 2015|Latest Legislation:  House Bill 64 - 131st General Assembly|(A) In addition to the authority provided in section 135.35 of the Revised Code for the investment or deposit of inactive moneys, the investing authority of a county, upon the deposit of active or inactive moneys with an eligible public depository described in section 135.32 of the Revised Code and selected by the investing authority, may authorize the public depository to arrange for the redeposit of such public moneys in accordance with the following conditions:(1) The public depository, on or after the date the public moneys are received, arranges for the redeposit of the moneys into deposit accounts in one or more federally insured banks, savings banks, or savings and loan associations that are located in the United States, and acts as custodian of the moneys deposited or redeposited under this section.(2) If the amount of the public moneys deposited with and held at the close of business by the public depository exceeds the amount insured by the federal deposit insurance corporation, the excess amount is subject to the pledging requirements described in section 135.181, 135.182, or 135.37 of the Revised Code.(3) The full amount of the public moneys redeposited by the public depository into deposit accounts in banks, savings banks, or savings and loan associations, plus any accrued interest, is insured by the federal deposit insurance corporation.(4) On the same date the public moneys are redeposited by the public depository, the public depository may, in its sole discretion, choose whether to receive deposits, in any amount, from other banks, savings banks, or savings and loan associations.(5) The public depository provides to the investing authority an account statement at least monthly and access to daily reporting that include the amount of its funds deposited and held at each bank, savings bank, or savings and loan association for which the public depository acts as a custodian pursuant to this section.(B) Except as provided in division (A)(2) of this section, public moneys deposited in accordance with this section are not subject to the pledging requirements described in section 135.181, 135.182, or 135.37 of the Revised Code.
Ohio Rev Code § 135.36 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.36 | Transferring County Funds From One Classification to Another.

Effective: March 15, 1982|Latest Legislation:  House Bill 230 - 114th General Assembly|Whenever any deposit or investment acquired under section 135.35 of the Revised Code matures and becomes due and payable, the investing authority shall present it for payment according to its terms and shall collect the moneys payable thereon, provided that the principal may be reinvested without withdrawal. The money so collected shall be public moneys.Whenever the board of county commissioners, county treasurer, or the investing authority determines that the actual amount of active moneys available is insufficient to meet the anticipated demands upon the treasury, the investing authority shall sell or liquidate such deposits or investments in an amount sufficient to meet such demands, and deposit such moneys in an active moneys deposit account. No deposit or investment so sold may be sold for less than the current market value. Neither the investing authority nor members of the board shall be held accountable for any loss occasioned by sale or liquidation of deposits or investments. Any loss or expense caused by such sale is payable as other expenses of the county.
Ohio Rev Code § 135.38 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.38 | Exemption of County Officials From Prohibition Against Interest in Contract.

Effective: March 15, 1982|Latest Legislation:  House Bill 230 - 114th General Assembly|An officer, director, stockholder, employee, or owner of any interest in a public depository receiving public deposits pursuant to sections 135.31 to 135.40 of the Revised Code shall not be deemed to be interested, either directly or indirectly, as a result of such relationship, in the deposit of such public moneys for the purpose of any law of this state prohibiting an officer of any county from being interested in any contract of the county.
Ohio Rev Code § 135.39 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.39 | Exemption of County Officials From Liability.

Effective: March 15, 1982|Latest Legislation:  House Bill 230 - 114th General Assembly|A county treasurer, county deputy treasurer, or members of a board of county commissioners, when acting as investing authorities, and their bondsmen or sureties shall be relieved from any liability for the loss of any public moneys deposited or invested by them when they have acted pursuant to law or an ordinance or resolution adopted by a county pursuant to a charter adopted under Article X, Ohio Constitution, but in no event shall liability attach to a treasurer, deputy treasurer, or member of a board where the proximate cause of the loss is due to a risk arising from an investment reasonably made under their authority as investing authorities.
Ohio Rev Code § 135.40 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.40 | County Cash Reserve.

Effective: March 15, 1982|Latest Legislation:  House Bill 230 - 114th General Assembly|A county treasurer may keep at all times in the vaults of his office such amount of public moneys, as a cash reserve, as he deems to be necessary to transact the business of his office, which amount shall not be required to be deposited in public depositories. All the remaining public moneys in his possession shall be deposited in public depositories in accordance with sections 135.31 to 135.40 of the Revised Code.
Ohio Rev Code § 135.451 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.451 | Investments of History Connection and Capitol Square Review and Advisory Board.

Effective: September 29, 2015|Latest Legislation:  House Bill 141 - 131st General Assembly|The Ohio history connection and the capitol square review and advisory board shall be eligible to pay any of their moneys into the Ohio subdivision's fund, to be invested by the treasurer of state in the same manner and subject to the same terms and conditions as public moneys of subdivisions paid into the fund under section 135.45 of the Revised Code.
Ohio Rev Code § 135.47 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.47 | Securities Lending Program - Fund.

Effective: December 22, 1992|Latest Legislation:  Senate Bill 359 - 119th General Assembly|(A) There is hereby created the securities nlending program.(B) There is hereby created in the state treasury the securities lending program fund. Income from the interest earnings of the securities lending program in an amount calculated pursuant to division (D) of this section shall be credited to the fund. All other such income shall be credited to the general revenue fund.(C) The treasurer of state may use the securities lending program fund solely for operations of the office of the treasurer of state.(D) The amount of income from the interest earnings of the securities lending program that shall be paid into the securities lending program fund shall not exceed an amount based on an annual rate of one-quarter of one per cent of the total average daily par value of assets in the securities lending program, as determined and calculated by the treasurer of state. Such income shall be paid on a monthly basis.
Ohio Rev Code § 135.48 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.48 | Adoption of Rules.

Effective: September 4, 2014|Latest Legislation:  Senate Bill 287 - 130th General Assembly|The state board of deposit may adopt rules under section 111.15 of the Revised Code that are necessary to implement this chapter.
Ohio Rev Code § 135.51 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.51 | Bank Defaulting as Public Depository; Retention and Disposition of Securities.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|In case of any default on the part of a bank in its capacity as depository of the money of any county, municipal corporation, township, or school district, the board of county commissioners, the legislative authority of such municipal corporation, the board of township trustees, and the board of education of such school district, in lieu of immediately selling the securities received and held as security for the deposit of such money under authority of any section of the Revised Code, may retain the same, collect the interest and any installments of principal thereafter falling due on such securities, and refund, exchange, sell, or otherwise dispose of any of them, at such times and in such manner as such board of county commissioners, legislative authority, board of township trustees, or board of education determines to be advisable with a view to conserving the value of such securities for the benefit of such county, municipal corporation, township, or school district, and for the benefit of the depositors, creditors, and stockholders or other owners of such bank.
Ohio Rev Code § 135.52 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.52 | Bonds May Be Used in Anticipation of Collections - Maturity - Limitation - Distribution of Proceeds From Sale.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|In anticipation of the collection of the principal and interest of securities, or other disposition of them, as authorized by section 135.51 of the Revised Code, and of the payment of dividends in the liquidation of the depository bank, and for the purpose of providing public money immediately available for the needs of the county, municipal corporation, township, or school district, the taxing authority may issue bonds of the county, municipal corporation, township, or school district, in an amount not exceeding the moneys on deposit in the depository bank, the payment of which is secured by such securities, after crediting to such moneys the amount realized from the sale or other disposition of any other securities pledged or deposited for such moneys, or in an amount not exceeding the value or amount ultimately to be realized from such securities to be determined by valuation made under oath by two persons who are conversant with the value of the assets represented by such securities, whichever amount is the lesser, plus an amount equal to the interest accruing on such securities during one year from and after the date of default of such bank in its capacity as a depository. The maturity of such bonds shall not exceed ten years and they shall bear interest at a rate not exceeding the rate determined as provided in section 9.95 of the Revised Code. Such bonds shall be the general obligations of the county, municipal corporation, township, or school district issuing them. The legislation under which such bonds are issued shall comply with Section 11 of Article XII, Ohio Constitution. The amount of such bonds issued or outstanding shall not be considered in ascertaining any of the limitations on the net indebtedness of such county, municipal corporation, township, or school district prescribed by law. In all other respects, the issuance, maturities, and sale of such bonds shall be subject to Chapter 133. of the Revised Code.A sufficient amount of the moneys received from principal on the sale of such bonds to cover the interest accruing on such securities for one year, to the extent determined by the authority issuing such bonds in the resolution or ordinance of issuance under this section, shall be paid into the bond retirement fund from which the bonds are to be redeemed, together with premiums and accrued interest. The balance of such principal shall be credited to the funds to which the moneys represented by such depository balance belong, and in the respective amounts of such funds.
Ohio Rev Code § 135.53 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.53 | Surplus Assigned and Delivered to Defaulting Bank or Building and Loan Association.

Effective: January 1, 2018|Latest Legislation:  House Bill 49 - 132nd General Assembly|All principal and interest collected by the proper officer or agent of the county, municipal corporation, township, or school district, on account of the securities mentioned in section 135.51 of the Revised Code, the proceeds of any sale or other disposition of any of such securities, and any dividends received from the liquidation of the defaulting bank, shall be paid into the bond retirement fund from which the bonds provided for in section 135.52 of the Revised Code are to be redeemed, until the aggregate of such payments equals the requirements of such fund, whereupon such securities, and any remaining depository balance, not anticipated by such bonds, to the extent then retained by such county, municipal corporation, township, or school district, shall be assigned and delivered to the defaulting bank, to its liquidating officer, or to its successor or assignee, together with a release or other instrument showing full satisfaction of the claim of such county, municipal corporation, township, or school district against such bank or officer.
Ohio Rev Code § 135.54 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.54 | Possession and Control of Securities Vested in Authorized Agent - Powers.

Effective: March 15, 1982|Latest Legislation:  House Bill 230 - 114th General Assembly|Immediately upon the issuance and sale of bonds as authorized by section 135.52 of the Revised Code, the possession, management, and control of the securities mentioned in section 135.51 of the Revised Code, subject to the further disposition of such securities pursuant to sections 135.51 and 135.53 of the Revised Code, shall be transferred to and vested in the authority of the county, municipal corporation, township, or school district having charge of the administration of the bond retirement fund of such subdivision. Such authority shall have and exercise all the powers, rights, privileges, and immunities of an owner with respect to such securities, subject to the control of the board of county commissioners, the legislative authority of the municipal corporation, the board of township trustees, and the board of education, and unless otherwise specified in any resolution of such board of county commissioners, legislative authority, board of township trustees, or board of education, may, in case such securities consist of first mortgages accepted pursuant to section 131.09 of the Revised Code, pay taxes, insurance premiums, and repairs and maintenance of property covered by any such mortgage from the proceeds of such securities, in case of default in any such respect on the part of the mortgagor or owner of the property. Such payments shall be made, subject in all cases to reimbursement by the person primarily liable for such taxes, insurance premiums, and repairs and maintenance, from the fund for the retirement of such bonds.
Ohio Rev Code § 135.61 (2021)
2021 Ohio Revised Code|Title 1 | State Government|Chapter 135 | Uniform Depository Act|Section 135.61 | Linked Deposit Program Definitions.

Effective: September 29, 2013|Latest Legislation:  House Bill 59 - 130th General Assembly|As used in sections 135.61 to 135.67 of the Revised Code: (A) "Eligible small business" means any person, including, but not limited to a person engaged in agriculture, that has all of the following characteristics:(1) Is headquartered in this state;(2) Maintains offices and operating facilities exclusively in this state and transacts business in this state;(3) Employs fewer than one hundred fifty employees, the majority of whom are residents of this state;(4) Is organized for profit.(B) "Eligible lending institution" means a financial institution that is eligible to make commercial loans, is a public depository of state funds under section 135.03 of the Revised Code, and agrees to participate in the linked deposit program.(C) "Linked deposit" means a certificate of deposit or other financial institution instrument placed by the treasurer of state with an eligible lending institution at a rate below current market rates, as determined and calculated by the treasurer of state, provided the institution agrees to lend the value of such deposit, according to the deposit agreement provided in division (C) of section 135.65 of the Revised Code, to eligible small businesses at a rate that reflects an equal percentage rate reduction below the present borrowing rate applicable to each specific business at the time of the deposit of state funds in the institution.(D) "Other financial institution instrument" has the same meaning as in section 135.81 of the Revised Code.(E) "Loan" means a contractual agreement under which an eligible lending institution agrees to lend money in the form of an upfront lump sum, a line of credit, or any other reasonable arrangement approved by the treasurer of state.