Operating reserve account or minimum cash balance

Ohio Rev. Code Ann. § 3301.076, under Chapter 3301 | Department of Education and Workforce.

Ohio Rev. Code Ann. § 3301.076

No information technology center established under section 3301.075 of the Revised Code shall be required to maintain an operating reserve account or fund or minimum cash balance. This section does not affect any sinking fund or other capital improvement fund the center may be required to maintain as a condition by law or contract relative to the issuance of securities. Any rule or other regulation or guideline of the department of education and workforce that conflicts with this section is void. Last updated August 24, 2023 at 9:09 AM