Ohio Rev. Code § 5705.131 - Nonexpendable Trust Fund

Current as of August 8, 2025
Section 5705.131 - Nonexpendable Trust Fund
Section 5705.121 - Other Special FundsSection 5705.132 - Reserve Balance Account for Other Purposes

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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