# Ohio Rev. Code § 5505.10: Deposit and security

> Ohio · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.10

## Section

- **Citation:** Ohio Rev. Code § 5505.10
- **Heading:** Deposit and security
- **Jurisdiction:** Ohio
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Ohio Revised Code / Title 55 / Chapter 5505 / § 5505.10

## Text

January 1, 1966 House Bill 840 - 106th General Assembly There shall be kept available by the treasurer of state an amount not exceeding ten per cent of the total assets of the state highway patrol retirement system, on deposit in any bank in this state, organized under the laws of this state or of the United States, or with any trust company incorporated under the laws of this state. Such bank or trust company shall furnish adequate security for said deposit and the sum so deposited in any one bank or trust company shall not exceed twenty-five per cent of the paid-up capital and surplus of said bank or trust company.

## Nearby sections

- [Ohio Rev. Code § 5505.01 § 5505.01. Highway patrol retirement system definitions](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.01.md)
- [Ohio Rev. Code § 5505.02 § 5505.02. State highway patrol pension fund established - membership mandatory](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.02.md)
- [Ohio Rev. Code § 5505.03 § 5505.03. Creation of funds](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.03.md)
- [Ohio Rev. Code § 5505.04 § 5505.04. State highway patrol retirement board organization and rules](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.04.md)
- [Ohio Rev. Code § 5505.05 § 5505.05. Oath - expenses - liability insurance](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.05.md)
- [Ohio Rev. Code § 5505.06 § 5505.06. Investment and fiduciary duties of state highway patrol retirement board](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.06.md)
- [Ohio Rev. Code § 5505.07 § 5505.07. Secretary, actuary, and employees - compensation and expenses](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.07.md)
- [Ohio Rev. Code § 5505.08 § 5505.08. No participation by trustees](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.08.md)
- [Ohio Rev. Code § 5505.09 § 5505.09. Bonds of taxing districts may be offered to board](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.09.md)
- [Ohio Rev. Code § 5505.10 § 5505.10. Deposit and security](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.10.md)
- [Ohio Rev. Code § 5505.11 § 5505.11. Treasurer of state is treasurer of state highway patrol retirement system](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.11.md)
- [Ohio Rev. Code § 5505.12 § 5505.12. Actuarial valuation of pension assets, liabilities, and funding requirements of state highway patrol retirement system](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.12.md)
- [Ohio Rev. Code § 5505.14 § 5505.14. Certificate of prior service](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.14.md)
- [Ohio Rev. Code § 5505.15 § 5505.15. Employer contribution](https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.15.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OH_T55_C5505_S5505.10. Check the current official text before relying on it. Not legal advice.