At no time shall any public money coming into the possession of JobsOhio be commingled with other money of the corporation, and any funds or accounts of the corporation that hold public money shall be maintained and accounted for separately and independently from any other funds or accounts of the corporation.

Terms Used In Ohio Code 187.07

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • JobsOhio: means the nonprofit corporation formed under this section, and includes any subsidiary of that corporation. See Ohio Code 187.01

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