Ohio Rev. Code § 731.55
Insurance for city funds or securities - costs.
Ohio · Chapter 731 | Organization · Status: effective
Cite this
- Citation
- Ohio Rev. Code § 731.55, Insurance for city funds or securities - costs, Ohio, version 1 as recorded 2026-08-11, yourstate.us, https://yourstate.us/provision/1167594
- Permanent ID
ys:prov:1167594@1- SHA-256
7e59867f8d9118a797349a8bdcd2a813b36cfb5bccfbd03e076b9625ff4de2cd
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
All funds or securities in the possession or custody of any city official in his official capacity, or any funds or securities the possession or custody of which is charged to any city official, including funds or securities in transit to or from any bank or trust company, may be insured by the legislative authority of the city in such amount as is found necessary in the public interest. All costs of such insurance shall be paid by the city by ordinance adopted by the legislative authority thereof, in the same manner as other legal claims against the city are allowed and paid.