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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3125.22 | Investing in repurchase agreements.

Ohio Revised Code
/
Title 31 Domestic Relations-Children
/
Chapter 3125 Title IV-D Child Support Cases
 
Effective:
March 22, 2001
Latest Legislation:
Senate Bill 180 - 123rd General Assembly
PDF:
Download Authenticated PDF
 

A child support enforcement agency may invest any of the moneys collected pursuant to the performance of its duties under Chapters 3111., 3119., 3121., 3123., and 3125. of the Revised Code in a repurchase agreement in which a bank agrees to sell short-term federally guaranteed securities with an obligation of the bank to repurchase the securities. All interest derived pursuant to investments made under this section shall be retained by the agency and used solely for support enforcement activities.

Available Versions of this Section