Section 5705.131 - Nonexpendable Trust Fund
Ohio Rev. Code § 5705.131
in: Section 5705.131 - Nonexpendable Trust Fund
A taxing authority of a subdivision may establish a nonexpendable trust fund for the purpose of receiving donations or contributions that the donor or contributor requires to be maintained intact. The principal of such fund may be invested, and the investment earnings on the principal shall be credited to the fund.
Last updated August 8, 2025 at 11:50 AM
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