Public money in the possession of any private institution, association, board, or corporation shall be accounted for separately and independently from its other funds and accounts. The auditor of state may adopt rules establishing the manner in which the public money shall be separately and independently accounted for.
Ohio Rev. Code Ann. § 117.431
Accounting of public money in possession of private institution
Effective: September 4, 2013; Latest Legislation: Senate Bill 67 - 130th General Assembly
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.