Ohio Code § 1721.16
Ohio Code § 1721.16. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1721.16.
A cemetery association may create a sinking fund, either out of surplus money on hand,
or out of money which has been given to the association by will, deed, or otherwise. The association may invest money appropriated to such sinking fund in bonds of the
United States, of the state of Ohio, or of a city therein, or may loan such money
upon first mortgage of real estate in this state worth double the loan or upon collateral
consisting of any such securities which are of equal face value with the loan. It shall not loan such money to a member of the cemetery board. All moneys thus appropriated to a sinking fund and interest earned thereon shall be
held exclusively for the enlargement, improvement, repair, or adornment of cemetery
grounds, or for constructing or keeping in repair buildings, monuments, or other structures
which the association deems necessary or appropriate for cemetery grounds, and shall
not be appropriated or used for any other purpose.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1721.16
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1721.16?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1721.16 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1721.16 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.