135.04 INVESTMENT OF SURPLUS FUNDS.

Whenever there are moneys in the City Treasury which will not be required to be used for a period of six months or more, such moneys may, in lieu of being deposited in a bank, be invested in accordance with Ohio R.C. 731.56 to 731.59. Investments so purchased shall be sold in accordance with Ohio R.C. 731.57.

(Ord. 1988-126. Passed 9-2-88.)

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