§ 234.01 INVESTMENT OF SURPLUS FUNDS.

Whenever there are moneys in the Municipal Treasury which are not required to be used for 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 through 731.59. Investments so purchased shall be sold in accordance with Ohio R.C. § 731.57.

(Ord. 1281, passed 11-21-1955)

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