Ohio § 3364.02 Election and appointment of officers of board - treasurer's bond

Ohio Statutes

§ 3364.02 — Election and appointment of officers of board - treasurer's bond

Ohio § 3364.02

Title 33Education-Libraries

Ch. 3364University of Toledo

This text of Ohio § 3364.02 (Election and appointment of officers of board - treasurer's bond) 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. § 3364.02 (2026).

Text

The board of trustees of the university of  Toledo annually shall elect from among its members a chairperson  and a  vice-chairperson, and also may appoint a secretary of the  board, a treasurer, and such other officers of the university as  the interest of the university requires, who may be members of the  board. The treasurer, before entering upon the discharge of  official duties, shall give bond to the state or be insured for  the faithful performance of  the treasurer's duties and the proper  accounting for all moneys coming into the treasurer's care. The amount of that bond or insurance shall be determined by the board,  but shall not be for a sum less than the estimated amount which  may come into the treasurer's control at any time, less any  reasonable deductible.

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The board of trustees of the university of Toledo annually shall elect from among its members a chairperson and a vice-chairperson, and also may appoint a secretary of the board, a treasurer, and such other officers of the university as the interest of the university requires, who may be members of the board. The treasurer, before entering upon the discharge of official duties, shall give bond to the state or be insured for the faithful performance of the treasurer's duties and the proper accounting for all moneys coming into the treasurer's care. The amount of that bond or insurance shall be determined by the board, but shall not be for a sum less than the estimated amount which may come into the treasurer's control at any time, less any reasonable deductible.