# Ohio Rev. Code § 742.10: Powers of board

> Ohio · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.10

## Section

- **Citation:** Ohio Rev. Code § 742.10
- **Heading:** Powers of board
- **Jurisdiction:** Ohio
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Ohio Revised Code / Title 7 / Chapter 742 / § 742.10

## Text

August 18, 2019 Senate Bill 221 - 132nd General Assembly The board of trustees of the Ohio police and fire pension fund may sue and be sued, plead and be impleaded, contract and be contracted with, employ and fix the compensation of employees, and adopt rules for the proper administration and management of the fund. Effective ninety days after September 15, 2004, the board of trustees may not employ a state retirement system investment officer, as defined in section 1707.01 of the Revised Code, who does not hold a valid state retirement system investment officer license issued by the division of securities in the department of commerce. If the Ohio retirement study council establishes a uniform format for any report the board is required to submit to the council, the board shall submit the report in that format. The attorney general shall prescribe procedures for the adoption of rules authorized under this chapter, consistent with the provisions of section 111.15 of the Revised Code under which all rules shall be filed in order to be effective. Such procedures shall establish methods by which notice of proposed rules is given to interested parties and rules adopted by the board published and otherwise made available. When it files a rule with the joint committee on agency rule review pursuant to section 111.15 of the Revised Code, the board shall submit to the Ohio retirement study council a copy of the full text of the rule, and if applicable, a copy of the rule summary and fiscal analysis required by division (B) of section 106.024 of the Revised Code.

## Nearby sections

- [Ohio Rev. Code § 742.01 § 742.01. Police and fire pension fund definitions](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.01.md)
- [Ohio Rev. Code § 742.02 § 742.02. Creation and purpose of fund](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.02.md)
- [Ohio Rev. Code § 742.03 § 742.03. Board of trustees to administer and control fund](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.03.md)
- [Ohio Rev. Code § 742.04 § 742.04. Election of employee members, firefighter retirant member, and police retirant member](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.04.md)
- [Ohio Rev. Code § 742.05 § 742.05. Vacancy on board of trustees](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.05.md)
- [Ohio Rev. Code § 742.06 § 742.06. Oath or affirmation of office](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.06.md)
- [Ohio Rev. Code § 742.07 § 742.07. Meetings of board of trustees](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.07.md)
- [Ohio Rev. Code § 742.08 § 742.08. Expenses - liability insurance](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.08.md)
- [Ohio Rev. Code § 742.09 § 742.09. Attorney general is legal counsel for board](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.09.md)
- [Ohio Rev. Code § 742.10 § 742.10. Powers of board](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.10.md)
- [Ohio Rev. Code § 742.11 § 742.11. Investment powers of board](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.11.md)
- [Ohio Rev. Code § 742.012 § 742.012. Refund of contributions to Ohio police and fire pension fund exceeding salary benchmarks](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.012.md)
- [Ohio Rev. Code § 742.12 § 742.12. Bonds purchased from taxing districts](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.12.md)
- [Ohio Rev. Code § 742.013 § 742.013. Definitions for "terminal pay" and "salary"](https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.013.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OH_T7_C742_S742.10. Check the current official text before relying on it. Not legal advice.