reglab/housing_qa huggingface dataset:
Ohio Rev Code § 5505.05 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.05 | Oath - Expenses - Liability Insurance.

Effective: August 25, 1995|Latest Legislation:  House Bill 226 - 121st General Assembly|(A) Each member of the state highway patrol retirement board, upon appointment or election, shall take an oath of office that he will support the constitutions of the United States and this state, that he will diligently and honestly administer the affairs of the board, and that he will not knowingly violate or willfully permit the violation of any law applicable to this chapter. The oath shall be subscribed to by the member making it, certified by the officer before whom it is taken, and immediately filed in the office of the secretary of state.(B) The members of the board shall serve without compensation, except that they shall suffer no loss because of absence from their regular employment while engaged in official duties as board members. The members of the board shall be reimbursed for actual and necessary expenses from the expense fund.(C) The board may secure insurance coverage designed to indemnify board members and employees for their actions or conduct in the performance of official duties, and may pay required premiums for such coverage from the expense fund.(D) The board shall adopt rules in accordance with section 111.15 of the Revised Code establishing a policy for reimbursement of travel expenses incurred by board members in the performance of their official duties. As part of any audit performed under Chapter 117. of the Revised Code, an inquiry shall be made into whether board members have complied with these rules.(E) No board member shall accept payment or reimbursement for travel expenses, other than for meals and other food and beverages provided to the member, from any source other than the expense fund. Except in the case of an emergency, no out-of-state travel expenses shall be reimbursed unless approved in advance by a majority of the board at a regular board meeting.
Ohio Rev Code § 5505.061 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.061 | Transactions Prohibited.

Effective: June 22, 1984|Latest Legislation:  House Bill 37 - 115th General Assembly|(A) Except as provided in division (B) of this section, a fiduciary shall not cause the state highway patrol retirement system to engage in a transaction, if he knows or should know that such transaction constitutes a direct or indirect:(1) Sale or exchange, or leasing, of any property between the system and a party in interest;(2) Lending of money or other extension of credit between the system and a party in interest;(3) Furnishing of goods, services, or facilities between the system and a party in interest;(4) Transfer to, or use by or for the benefit of a party in interest, of any assets of the system; or(5) Acquisition, on behalf of the system, of any employer security or employer real property.(B) Nothing in this section shall prohibit any transaction between the state highway patrol retirement system and any fiduciary or party in interest if:(1) All the terms and conditions of the transaction are comparable to the terms and conditions which might reasonably be expected in a similar transaction between similar parties who are not parties in interest; and(2) The transaction is consistent with the fiduciary duties described in Chapter 5505. of the Revised Code.(C) A fiduciary shall not:(1) Deal with the assets of the system in his own interest or for his own account;(2) In his individual or in any other capacity act in any transaction involving the system on behalf of a party (or represent a party) whose interests are adverse to the interests of the system or the interests of its participants or beneficiaries; or(3) Receive any consideration for his own personal account from any party dealing with such system in connection with a transaction involving the assets of the system.(D) In addition to any liability which he may have under any other provision, a fiduciary with respect to the system shall be liable for a breach of fiduciary responsibility of any fiduciary with respect to the system in the following circumstances:(1) If he participates knowingly in, or knowingly undertakes to conceal, an act or omission of such other fiduciary, knowing such act or omission is a breach;(2) If, by his failure to comply with Chapter 5505. of the Revised Code, he has enabled such other fiduciary to commit a breach; or(3) If he has knowledge of a breach by such other fiduciary, unless he makes reasonable efforts under the circumstances to remedy the breach.(E) Every fiduciary of the system shall be bonded or insured to an amount of not less than one million dollars for loss by reason of acts of fraud or dishonesty.
Ohio Rev Code § 5505.062 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.062 | Travel Expense Policies - Bonus Policy - Budget.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|The state highway patrol retirement board shall do all of the following:(A) In consultation with the Ohio ethics commission, review any existing policy regarding the travel and payment of travel expenses of members and employees of the state highway patrol retirement board and adopt rules in accordance with section 5505.04 of the Revised Code establishing a new or revised policy regarding travel and payment of travel expenses. Not less than sixty days before adopting a new or revised policy, the board shall submit the policy to the Ohio retirement study council for review.(B) If the board intends to award a bonus to any employee of the board, adopt rules in accordance with section 5505.04 of the Revised Code establishing a policy regarding employee bonuses;(C) Provide copies of the rules adopted under divisions (A) and (B) of this section to each member of the Ohio retirement study council;(D) Submit to the Ohio retirement study council a proposed operating budget, including an administrative budget for the board, for the next immediate fiscal year and adopt that budget not earlier than sixty days after it is submitted to the council;(E) Submit to the council a plan describing how the board will improve the dissemination of public information pertaining to the board.
Ohio Rev Code § 5505.063 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.063 | Ethics Policy - Commission Approval - Ethics Training.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|The state highway patrol retirement board shall, in consultation with the Ohio ethics commission, develop an ethics policy to govern board members and employees in the performance of their official duties. The board shall submit this policy to the commission for approval.The commission shall review the policy and, if the commission determines that the policy is adequate, approve the policy. If the commission determines that the policy is inadequate, it shall specify the revisions to be made and the board shall submit a revised policy. If the commission approves the revised policy, the board shall adopt it. If not, the board shall make any further revisions required by the commission and adopt the policy. Not less than sixty days before adopting the policy, the board shall submit it to the Ohio retirement study council for review.The board periodically shall provide ethics training to members and employees of the board. The training shall include training regarding the requirements and prohibitions of Chapter 102. of the Revised Code and sections 2921.42 and 2921.43 of the Revised Code and any other training the board considers appropriate.The board shall establish a procedure to ensure that each employee of the board is informed of the procedure for filing a complaint alleging violation of Chapter 102. of the Revised Code or section 2921.42 or 2921.43 of the Revised Code with the Ohio ethics commission or the appropriate prosecuting attorney.
Ohio Rev Code § 5505.064 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.064 | Orientation Program Required for New Members - Continuing Education.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|Each newly elected member of the state highway patrol retirement board and each individual appointed to fill a vacancy on the board, shall, not later than ninety days after commencing service as a board member, complete the orientation program component of the retirement board member education program established under section 171.50 of the Revised Code.Each member of the board who has served a year or longer as a board member shall, not less than twice each year, attend one or more programs that are part of the continuing education component of the retirement board member education program established under section 171.50 of the Revised Code.
Ohio Rev Code § 5505.068 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.068 | Designation of Ohio-Qualified Agents - Selection Policy - Utilization - Annual Report.

Effective: March 31, 2021|Latest Legislation:  House Bill 312 - 133rd General Assembly|(A) As used in this section and in section 5505.0610 of the Revised Code: (1) "Agent" means a dealer, as defined in section 1707.01 of the Revised Code, who is licensed under sections 1707.01 to 1707.50 of the Revised Code or under comparable laws of another state or of the United States. (2) "Minority business enterprise" has the same meaning as in section 122.71 of the Revised Code. (3) "Ohio-qualified agent" means an agent designated as such by the state highway patrol retirement board. (4) "Ohio-qualified investment manager" means an investment manager designated as such by the state highway patrol retirement board. (5) "Principal place of business" means an office in which the agent regularly provides securities or investment advisory services and solicits, meets with, or otherwise communicates with clients. (B) The state highway patrol retirement board shall, for the purposes of this section, designate an agent as an Ohio-qualified agent if the agent meets all of the following requirements: (1) The agent is subject to taxation under Chapter 5725., 5726., 5733., 5747., or 5751. of the Revised Code. (2) The agent is authorized to conduct business in this state; (3) The agent maintains a principal place of business in this state and employs at least five residents of this state. (C) The state highway patrol retirement board shall adopt and implement a written policy to establish criteria and procedures used to select agents to execute securities transactions on behalf of the retirement system. The policy shall address each of the following: (1) Commissions charged by the agent, both in the aggregate and on a per share basis; (2) The execution speed and trade settlement capabilities of the agent; (3) The responsiveness, reliability, and integrity of the agent; (4) The nature and value of research provided by the agent; (5) Any special capabilities of the agent. (D)(1) The board shall, at least annually, establish a policy with the goal to increase utilization by the board of Ohio-qualified agents for the execution of domestic equity and fixed income trades on behalf of the retirement system, when an Ohio-qualified agent offers quality, services, and safety comparable to other agents otherwise available to the board and meets the criteria established under division (C) of this section. (2) The board shall review, at least annually, the performance of the agents that execute securities transactions on behalf of the board. (3) The board shall determine whether an agent is an Ohio-qualified agent, meets the criteria established by the board pursuant to division (C) of this section, and offers quality, services, and safety comparable to other agents otherwise available to the board. The board's determination shall be final.
Ohio Rev Code § 5505.069 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.069 | Annual Disclosures to Ohio Ethics Commission.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|(A) The state highway patrol retirement system shall disclose the following to the Ohio ethics commission:(1) Anything of value received by the system from an agent and anything of value given on behalf of the system by an agent;(2) The name of any employee of the system with authority over the investment of retirement system funds or any board member of the system who deals with an agent regarding amounts described in division (A)(1) of this section.(B) The disclosures required by this section shall be made annually in a report submitted by a date prescribed by the Ohio ethics commission.
Ohio Rev Code § 5505.0610 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.0610 | Designation of Ohio-Qualified Investment Managers - Utilization - Annual Report.

Effective: September 29, 2015|Latest Legislation:  House Bill 64 - 131st General Assembly|(A) The state highway patrol retirement board shall, for the purposes of this section, designate an investment manager as an Ohio-qualified investment manager if the investment manager meets all of the following requirements:(1) The investment manager is subject to taxation under Chapter 5725., 5726., 5733., 5747., or 5751. of the Revised Code.(2) The investment manager meets one of the following requirements:(a) Has its corporate headquarters or principal place of business in this state;(b) Employs at least five hundred individuals in this state;(c) Has a principal place of business in this state and employs at least twenty residents of this state.(B)(1) The board shall, at least annually, establish a policy with the goal to increase utilization by the board of Ohio-qualified investment managers, when an Ohio-qualified investment manager offers quality, services, and safety comparable to other investment managers otherwise available to the board. The policy shall also provide for the following:(a) A process whereby the board can develop a list of Ohio-qualified investment managers and their investment products;(b) A process whereby the board can give public notice to Ohio-qualified investment managers of the board's search for an investment manager that includes the board's search criteria.(2) The board shall determine whether an investment manager is an Ohio-qualified investment manager and whether the investment manager offers quality, services, and safety comparable to other investment managers otherwise available to the board. The board's determination shall be final.
Ohio Rev Code § 5505.07 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.07 | Secretary, Actuary, and Employees - Compensation and Expenses.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|(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.
Ohio Rev Code § 5505.08 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.08 | No Participation by Trustees.

Effective: August 20, 1976|Latest Legislation:  House Bill 268 - 111th General Assembly|Except as provided in Chapter 5505. of the Revised Code, no trustees and no employee of the state highway patrol retirement board shall have any interest, direct or indirect, in the gains or profits of any investment made by the board, nor as such, directly or indirectly, receive any pay or emolument for his services. No trustees or employee of the board, directly or indirectly, for himself or as an agent or partner or others, shall borrow any of its funds or deposits or in any manner use the same except to make such current and necessary payments as are authorized by the board; nor shall any member or employee of the board be an indorser or surety or be in any manner an obligor for moneys loaned by or borrowed by the board.The state highway patrol retirement system shall make no investments through, purchases from, or otherwise do any business with any individual who is, or any person who within the preceding three years was employed by, a board member of, or an officer of the system, partnership, association, or corporation that is owned or controlled by, a person, who within the preceding three years was employed by, a board member of, or an officer of the system, holds a fiduciary, administrative, supervisory, or trust position, or any other position in which such person would be involved, on behalf of his employer, in decisions or recommendations affecting the investment policy of the system, and in which such person would benefit by any monetary gain.
Ohio Rev Code § 5505.09 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.09 | Bonds of Taxing Districts May Be Offered to Board.

Effective: January 1, 1966|Latest Legislation:  House Bill 840 - 106th General Assembly|The boards and officers of the several taxing districts of the state in the issuance and sale of evidences of indebtedness of their respective taxing districts, may offer in writing at a fair market price, which price shall not be less than par and accrued interest, to the state highway patrol retirement board, prior to advertising the same for sale, all such issues as may not have been taken by the trustees of the sinking fund of the taxing district issuing such evidences of indebtedness. The board shall, within ten days after the receipt of such written offer, either:(A) Accept the same and purchase such evidences of indebtedness, or any portion thereof, at a fair market price, to be evidenced by a resolution of the board of officers of the taxing district issuing such evidences of indebtedness, but at a price of not less than par and accrued interest;(B) Reject such offer in writing.
Ohio Rev Code § 5505.10 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.10 | Deposit and Security.

Effective: January 1, 1966|Latest Legislation:  House Bill 840 - 106th General Assembly|There shall be kept available by the treasurer of state an amount not exceeding ten per cent of the total assets of the state highway patrol retirement system, on deposit in any bank in this state, organized under the laws of this state or of the United States, or with any trust company incorporated under the laws of this state. Such bank or trust company shall furnish adequate security for said deposit and the sum so deposited in any one bank or trust company shall not exceed twenty-five per cent of the paid-up capital and surplus of said bank or trust company.
Ohio Rev Code § 5505.11 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.11 | Treasurer of State Is Treasurer of State Highway Patrol Retirement System.

Effective: July 1, 1985|Latest Legislation:  House Bill 201 - 116th General Assembly|The treasurer of state shall be the treasurer of the state highway patrol retirement system and the custodian of its funds. All disbursements therefrom shall be made by him only upon instruments authorized by the state highway patrol retirement board and bearing signatures of the chairman, or vice-chairman in the absence of the chairman, and the secretary of the retirement system. Such instruments may bear the facsimile signature of the chairman of the board. No instrument shall be drawn unless it has been previously authorized by a specific or general resolution adopted by the board.The treasurer of state shall give a separate and additional surety bond satisfactory to the board, for the faithful performance of his duties as treasurer of the retirement system and custodian of its funds. The surety bond shall be in such amount and with such surety as the board determines and shall be deposited with the secretary of state and kept in his office. The premium on the bond shall be paid by the board.The treasurer of state shall deposit any portion of the funds of the retirement system not needed for immediate use in the same manner as state funds are deposited, and subject to all laws with respect to the deposit of state funds, by the treasurer of state. All interest earned by such portion of retirement system funds so deposited by the treasurer of state shall be collected by him and credited to the board.The treasurer of state shall furnish annually to the board a sworn statement of the amount of funds in his custody belonging to the retirement system.The fiscal records of the retirement system shall be open to public inspection. Any member shall be furnished with a statement of his accumulated contributions standing to his credit in his individual account in the employees savings fund, upon his written request filed with the board; provided, that the board shall not be required to answer more than one such request of a member in any one year.
Ohio Rev Code § 5505.111 (2021)
2021 Ohio Revised Code|Title 55 | Roads-Highways-Bridges|Chapter 5505 | Highway Patrol Retirement System|Section 5505.111 | Selection of Internal Auditor.

Effective: September 15, 2004|Latest Legislation:  Senate Bill 133 - 125th General Assembly|The state highway patrol retirement board shall appoint a committee to oversee the selection of an internal auditor. The committee shall select one or more persons for employment as an internal auditor. The board shall employ the person or persons selected by the committee.The committee shall consist of the following board members: one retirant member, one employee member, and one ex officio member. The committee shall annually prepare and submit to the Ohio retirement study council a report of its actions during the preceding year.