Ohio Statutes
§ 3309.19 — Trustee or employee of board shall have no interest in profits nor borrow funds
Ohio § 3309.19
This text of Ohio § 3309.19 (Trustee or employee of board shall have no interest in profits nor borrow funds) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 3309.19 (2026).
Text
No trustee and no employee of the school employees 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 trustee or employee of the said board, directly or indirectly, for himself or as an agent or partner of others, shall borrow any of its funds or deposits or use the same except to make such current and necessary payments as are authorized by the board; nor shall any member or employee of said board become an indorser or surety or become in any manner an obligor for moneys loaned by or borrowed from the board.
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Legislative History
Effective: October 1, 1953 | Latest Legislation: House Bill 1 - 100th General Assembly
Nearby Sections
15
§ 3309.011
Exclusions from definition of employee§ 3309.02
Credit for military service§ 3309.021
Purchasing military service credit§ 3309.022
Purchasing uniformed services credit§ 3309.044
Selection of internal auditor§ 3309.05
Board membershipCite This Page — Counsel Stack
Bluebook (online)
Ohio § 3309.19, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/3309.19.