§ 3362.01 Appointment of trustees – term
§ 3362.02 Election and appointment of officers of board – bond of treasurer
§ 3362.03 Powers of board of trustees regarding employees and university
§ 3362.04 Board of trustees to receive and hold property or funds
§ 3362.05 General assembly to support university – other sources
§ 3362.06 Transfer of assets and liabilities from state community college to state university trustees
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Terms Used In Ohio Code > Chapter 3362 - Shawnee State University

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Bequest: Property gifted by will.
  • Bond: includes an undertaking. See Ohio Code 1.02
  • Devise: To gift property by will.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
  • Personal property: All property that is not real property.
  • Property: means real and personal property. See Ohio Code 1.59
  • Quorum: The number of legislators that must be present to do business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • state: means the state of Ohio. See Ohio Code 1.59
  • Trustee: A person or institution holding and administering property in trust.