Ohio § 3315.01 Crediting of investment earnings

Ohio Statutes

§ 3315.01 — Crediting of investment earnings

Ohio § 3315.01

Title 33Education-Libraries

Ch. 3315School Funds

This text of Ohio § 3315.01 (Crediting of investment earnings) 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. § 3315.01 (2026).

Text

(A)Except as provided in division (B) of this section and notwithstanding sections3315.12and3315.14of the Revised Code, the board of education of any school district may adopt a resolution requiring the treasurer of the district to credit the earnings made on the investment of the principal of the moneys specified in the resolution to the fund from which the earnings arose or any other fund of the district as the board specifies in its resolution.

(B)This section does not apply to the earnings made on the investment of the bond retirement fund, the sinking fund, a project construction fund established pursuant to sections3318.01to3318.20of the Revised Code, or the payments received by school districts pursuant to division (E) of section3317.024of the Revised Code.

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(A) Except as provided in division (B) of this section and notwithstanding sections3315.12and3315.14of the Revised Code, the board of education of any school district may adopt a resolution requiring the treasurer of the district to credit the earnings made on the investment of the principal of the moneys specified in the resolution to the fund from which the earnings arose or any other fund of the district as the board specifies in its resolution.

(B) This section does not apply to the earnings made on the investment of the bond retirement fund, the sinking fund, a project construction fund established pursuant to sections3318.01to3318.20of the Revised Code, or the payments received by school districts pursuant to division (E) of section3317.024of the Revised Code.