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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 5537.09 | Refunding bonds.

Ohio Revised Code
/
Title 55 Roads-Highways-Bridges
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Chapter 5537 Ohio Turnpike And Infrastructure Commission
 
Effective:
July 1, 2013
Latest Legislation:
House Bill 51 - 130th General Assembly
PDF:
Download Authenticated PDF
 

The Ohio turnpike and infrastructure commission may provide by resolution for the issuance of revenue bonds of the state, payable solely from pledged revenues, for the purpose of refunding any bonds then outstanding, including the payment of related financing expenses and, if considered advisable by the commission, for the additional purpose of paying costs of improvements, extensions, renovations, or enlargements of any turnpike project or any infrastructure project. The issuance of refunding bonds, the maturities and other details thereof, the rights of the holders thereof, and the rights, duties, and obligations of the commission in respect to such bonds shall be governed by the provisions of this chapter insofar as they are applicable and by the applicable bond proceedings.

Available Versions of this Section