Section 3315.40 | Board May Establish Education Foundation Fund.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly The board of education of a city, local, exempted village, or joint vocational school district or the governing board of any educational service center may establish an education foundation fund. Moneys in the fund shall consist of proceeds paid into the fund […]
Section 3315.41 | Board May Create Trust for Investment of Money in Education Foundation Fund.
Effective: June 13, 1990 Latest Legislation: House Bill 292 – 118th General Assembly A board of education may create a trust for investment of money in the education foundation fund created pursuant to section 3315.40 of the Revised Code. The instrument creating such a trust shall do all of following: (A) Appoint a nonprofit foundation […]
Section 3315.42 | Inapplicability to Certain School Districts.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly Sections 3315.40 and 3315.41 of the Revised Code do not apply to either of the following: (A) A school district that has received funds for a project under Chapter 3318. of the Revised Code, so long as the purchase price to be […]
Section 3315.31 | Duty of the County Auditor.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The county auditor of each county shall collect all fines and other money for the support of common schools in his county, and pay them to the county treasurer. He also must inspect all accounts of interest accruing on account of lands […]
Section 3315.33 | Ohio Scholarship Fund for Teacher Trainees.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly There is hereby established a fund to be known as the Ohio scholarship fund for teacher trainees for the public purpose of relieving the existing teacher shortage in public schools, to be administered and expended as prescribed in sections 3315.33 to 3315.35 […]
Section 3315.34 | Promissory Note of Scholarship Fund Recipient – Renewal of Scholarship.
Effective: January 1, 1974 Latest Legislation: House Bill 243 – 110th General Assembly Each person who receives a scholarship shall execute a promissory note which shall be endorsed by some responsible citizen, and shall deliver said note to the state board of education or to its representative. Each such note shall be made payable to […]
Section 3315.35 | Statement of Service – Cancelled and Uncancelled Notes.
Effective: October 29, 1996 Latest Legislation: Senate Bill 230 – 121st General Assembly At the expiration of each school year of service as a teacher in the public schools of Ohio by a person who has benefited from a scholarship granted under sections 3315.33 to 3315.35 of the Revised Code, such person shall submit to […]
Section 3315.37 | Teacher Education Loan Program.
Effective: October 16, 2009 Latest Legislation: House Bill 1 – 128th General Assembly The board of education of a school district may establish a teacher education loan program and may expend school funds for the program. The program shall be for the purpose of making loans to students who are residents of the school district […]
Section 3315.13 | How Money Drawn From Fund.
Effective: May 16, 1979 Latest Legislation: House Bill 1 – 113th General Assembly Money shall be drawn from the replacement fund by orders only, passed by a majority vote of the full membership of the board of education, signed by the president, or by the vice-president in his absence, and the treasurer. All securities or […]
Section 3315.14 | When Replacement Fund May Be Reduced, Disposed Of, or Expended.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The replacement fund shall not be reduced, disposed of, or expended for purposes other than those specified in section 3315.11 of the Revised Code, except by a strict compliance with sections 5705.15 and 5705.16 of the Revised Code. Whenever the replacement fund […]