Ohio Code § 5595.08
Ohio Code § 5595.08. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5595.08.
All money, funds, properties, and assets acquired by the governing board of a regional
transportation improvement project under this chapter, whether as proceeds from the
sale of securities, as revenues, or otherwise, shall be held by it in trust for the
purpose of carrying out its powers and duties, shall be used and reused as provided
in this chapter, and shall at no time be part of other public funds. Such funds, except as otherwise provided in bond proceedings or in any trust agreement
securing such securities, or except when invested pursuant to section 5595.09 of the Revised Code , shall be kept in depositories selected by the governing board in the manner provided
in Chapter 135. of the Revised Code for the selection of eligible public depositories,
and the deposits shall be secured as provided in that chapter. Bond proceedings or the trust agreement securing securities shall provide that any
officer to whom, or any bank or trust company to which, such money is paid shall act
as trustee of the money and hold and apply the money for the purposes for which the
securities are issued, subject to such conditions as Chapter 133. or 135. of the Revised
Code and such proceedings or trust agreement provide.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5595.08
- 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 § 5595.08?
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 § 5595.08 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 § 5595.08 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Statutes are amended, repealed, and renumbered every session.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.