Ohio Code § 742.61
Ohio Code § 742.61. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 742.61.
The treasurer of state shall be the custodian of all funds under the control and management
of the board of trustees of the Ohio police and fire pension fund, and all disbursements
of such funds shall be paid by the treasurer of state only upon instruments duly authorized
by the board and bearing the signatures of the chairperson and secretary of the board. The signatures of the chairperson and secretary may be facsimile signatures. The treasurer of state shall give a separate and additional bond in such amount as
is fixed by the board, conditioned upon the faithful performance of the treasurer
of state's duties as custodian of the funds under the control and management of the
board and to be executed by a surety company selected by the board that is authorized
to transact business in this state. Such bond shall be deposited with the secretary of state and kept in the secretary
of state's office. The board may require the treasurer of state to give other and additional bonds,
as the funds under the control and management of the board increase, in such amounts
and at such times as are fixed by the board, which additional bonds shall be conditioned,
filed, and executed as is provided for the original bond of the treasurer of state
covering the funds under the control and management of the board. The premium on all bonds shall be paid by the board. The treasurer of state shall deposit any portion of the funds under the control and
management of the board not needed for immediate use in the same manner as state funds
are deposited, and subject to all provisions of law with respect to the deposit of
state funds, by the treasurer of state, and all interest earned on such funds so deposited
shall be collected by the treasurer of state and placed to the credit of the board.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 742.61
- 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 § 742.61?
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 § 742.61 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 § 742.61 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.