No trustee and no employee of the state teachers retirement board shall have any interest, direct or indirect, in the gains or profits of any investment made by the board nor as such, directly or indirectly, receive any pay or emolument for his services. No trustee or employee of the said board, directly or indirectly, for himself or as an agent or partner of others, shall borrow any of its funds or deposits or use the same except to make such current and necessary payments as are authorized by the board; nor shall any member or employee of said board become an indorser or surety or become in any manner an obligor for moneys loaned by or borrowed from the board.
Effective Date: 10-01-1953
Section: Previous 3307.143 3307.15 3307.151 3307.152 3307.153 3307.154 3307.16-3307.17 3307.18 3307.181 3307.19 3307.20 3307.201 3307.21 3307.211 3307.212 NextLast modified: October 10, 2016