Section 3318.16 | Commission has interest in real property purchased with school district's project construction fund.
Effective:
September 29, 2017
Latest Legislation:
House Bill 49 - 132nd General Assembly
The Ohio facilities construction commission shall have an interest in real property purchased with moneys in the school district's project construction fund.
Once obligations issued to finance a project under section 3318.26 of the Revised Code are no longer outstanding, any interest held by the commission shall be transferred to the school district.
Available Versions of this Section
- September 28, 1999 – House Bill 282 - 123rd General Assembly [ View September 28, 1999 Version ]
- September 29, 2017 – Amended by House Bill 49 - 132nd General Assembly [ View September 29, 2017 Version ]