Ohio Code 125.27 – Building improvement fund
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(A) There is hereby created in the state treasury the building improvement fund. The fund shall retain the interest earned.
Terms Used In Ohio Code 125.27
- Services: means the furnishing of labor, time, or effort by a person, not involving the delivery of a specific end product other than a report which, if provided, is merely incidental to the required performance. See Ohio Code 125.01
- state: means the state of Ohio. See Ohio Code 1.59
(B) The fund shall consist of any money transferred or deposited into the fund pursuant to section 125.28 of the Revised Code.
(C) The fund shall be used for major maintenance or improvements required in facilities maintained by the department of administrative services.