Ohio Code 122.4037 – Disposition of sanction amounts
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Any gift, grant, and contribution received by the director of development for the Ohio residential broadband expansion grant program and any money collected under section 122.4036 of the Revised Code shall be deposited into the Ohio residential broadband expansion grant program fund, which is hereby created in the state treasury. All amounts in the fund, including interest earned on those amounts, shall be used by the department of development exclusively for grants under sections 122.40 to 122.4077 of the Revised Code.
Terms Used In Ohio Code 122.4037
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- state: means the state of Ohio. See Ohio Code 1.59
Last updated September 19, 2023 at 12:55 PM