Ohio Code § 5505.08

Ohio Code § 5505.08. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 5505.08.

Except as provided in Chapter 5505. of the Revised Code, no trustees and no employee

of the state highway patrol 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 trustees or employee of the board, directly or indirectly, for himself or as

an agent or partner or others, shall borrow any of its funds or deposits or in any

manner use the same except to make such current and necessary payments as are authorized

by the board;  nor shall any member or employee of the board be an indorser or surety

or be in any manner an obligor for moneys loaned by or borrowed by the board. The state highway patrol retirement system shall make no investments through, purchases

from, or otherwise do any business with any individual who is, or any person who within

the preceding three years was employed by, a board member of, or an officer of the

system, partnership, association, or corporation that is owned or controlled by, a

person, who within the preceding three years was employed by, a board member of, or

an officer of the system, holds a fiduciary, administrative, supervisory, or trust

position, or any other position in which such person would be involved, on behalf

of his employer, in decisions or recommendations affecting the investment policy of

the system, and in which such person would benefit by any monetary gain.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 5505.08
  • 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 § 5505.08?

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 § 5505.08 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 § 5505.08 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.