Ohio Revised Code Search

...onds or notes constitutes a part of the net indebtedness of such subdivision. The proceeds of the sale of such bonds shall be transferred by the fiscal officer of such subdivision to the board for the benefit of which the bonds were issued and shall be appropriated to and expended only for the purposes for which issued.

...e; and (b) Is not for profit and whose net earnings may not lawfully inure to the benefit of any private shareholder, member, or individual. (2) Any arts or cultural councils that satisfy the requirement of division (A)(1)(b) of this section. (B) "Arts or cultural heritage" includes, but is not limited to, literature, theater, music, dance, ballet, painting, sculpture, photography, motion pictures, architecture, a...

...or cultural facility, provided that the net indebtedness, as defined for a municipal corporation in section 133.05 of the Revised Code, incurred by a district shall never exceed five per cent of the tax valuation of the district, and that no part of the proceeds of such bonds shall at any time be used to meet or defray any of the normal operating expenses of the district or any qualifying arts or cultural organizatio...

...ered in ascertaining the limitations on net indebtedness of section 133.07 of the Revised Code. No amendment of such lease shall have the effect of reducing the rental payments below the amount required to meet such interest and bond retirement requirements.

...ndidate's campaign activities. (E) The net contribution of each social or fund-raising activity shall be calculated by totaling all contributions to the activity minus the expenditures made for the activity. (F) An expenditure that purchases goods or services shall be attributed to an election when the disbursement of funds is made, rather than at the time the goods or services are used. The secretary of state, und...

... within the impacted lake district. The net indebtedness incurred by a lake facilities authority pursuant to this division may not exceed one-tenth of one per cent of the total value of all property within the territory comprising the impacted lake district as listed and assessed for taxation. (M) Issue lake facilities authority revenue bonds beyond the limit of bonded indebtedness provided by law, payable solely fr...

...orations or associations no part of the net earnings of which inures, or may lawfully inure, to the benefit of any private shareholder or individual. (F) "Medical facilities" means outpatient facilities, rehabilitation facilities, and facilities for long-term care, including nursing homes, as those terms are defined in the federal act, and such other facilities for which federal aid may be authorized under the feder...

...r that avoids abrupt or excessive total net electric bill impacts for typical customers. (C) Each charge authorized by the commission under this section shall be subject to adjustment so as to reconcile actual revenue collected with the revenue needed to meet the revenue requirement under division (A)(1) of this section. The commission shall authorize each electric distribution utility to adopt accounting practices...

...der of predominance by weight; (4) The net weight and volume of the food product; (5) In the case of a cottage food production operation, the following statement in ten-point type: "This product is home produced." (B) Food products identified and labeled in accordance with division (A) of this section are acceptable food products that a retail food establishment or food service operation licensed under Chapter 371...

...y: (A) Pledge any part of its gross or net rents, fees, or revenues to which its right then exists or may thereafter come into existence; (B) Mortgage any part of its real or personal property, then owned or thereafter acquired; (C)(1) Covenant against pledging any part of its rents, fees, and revenues, or against mortgaging any part of its real or personal property, to which its right or title then exists or may ...

...ny partial disposition of the property, net revenues received as a result of maintaining the business activities of the enterprise, and any amounts paid by the borrower subsequent to the acquisition of full title, or possession in the case of property subject to a lease financing transaction, pursuant to foreclosure and its equivalents. In the case of a holder maintaining indicia of ownership primarily to protect a j...

...pointment as a receiver, no part of the net earnings of a nonprofit corporation shall inure to the benefit of any private shareholder or individual. Membership on the board of trustees of a nonprofit corporation appointed as a receiver does not constitute the holding of a public office or employment within the meaning of sections 731.02 and 731.12 or any other section of the Revised Code and does not constitute a dir...

...mount of the cost to the permit holder, net of any insurance proceeds, of any cleanup, repair, or improvement the commission determines was required as a result of damage caused by the flood. The permit holder need not have followed unrestricted competitive bidding procedures as required under section 3769.20 of the Revised Code to qualify for the reduction under this section. The permit holder shall claim the tax ...

...The rules shall require that the entire net proceeds of those games that remain, after associated operating expenses, prize disbursements, lottery sales agent bonuses, commissions, and reimbursements, and any other expenses necessary to comply with the agreements or the rules are deducted from the gross proceeds of those games, be transferred to the lottery profits education fund under division (B) of section 3770.06...

...equested by the policyholder: (a) The net claims paid or incurred by month; (b)(i) If the group policyholder is an employer, the monthly enrollment data by employee only, employee and spouse, and employee and family; (ii) If the group policyholder is not an employer, the monthly enrollment data shall be provided and organized in a relevant manner. (c) Monthly prescription claims information; (d) Paid claims...

...and, as a result of such violation, the net worth of the insurer is reduced or the insurer suffers loss it would not otherwise have suffered, the person is personally liable to the insurer for the amount of any such reduction or loss. The superintendent or supervisor may bring an action on behalf of the insurer in the court of common pleas to recover the amount of the reduction or loss together with any costs. (K) W...

...er division (B)(1) of this section, the net unpaid balance of the claims of contracted providers shall be allowed for payment from the general assets of the estate in accordance with the priorities set forth in section 3903.42 of the Revised Code. (C) If the amount of the proceeds of the bond or securities exceeds the allowed claims of contracted providers for covered health care services provided to medicaid recipi...

...and pure endowment contracts; (4) The net increase, if any, in amounts held under a guaranteed interest contract in a calendar year after January 1, 1989. (B) The calendar year statutory valuation interest rates shall be calculated as follows and the results rounded to the nearest one-quarter of one per cent: (1)(a) For life insurance, by adding three per cent to the result of multiplying W (the applicable weig...

...jections of statutory operating income, net income, capital, and surplus. Projections for both new and renewal business may include separate projections for each major line of business, and may separately identify each significant income, expense, and benefit component of the projection. (4) Identify the key assumptions impacting the insurer's projections made pursuant to division (B)(3) of this section, and d...

... criteria: (a) The person possesses a net worth in excess of twenty million dollars, as adjusted pursuant to division (B) of this section. (b) The person generates annual revenues in excess of fifty million dollars, as adjusted pursuant to division (B) of this section. (c) The person employs more than five hundred full-time or full-time equivalent employees per individual insured or is a member of an affili...

...to pay a claim over a specified amount, net of reinsurance, which amount shall not exceed one per cent of the policyholder surplus of the insurer as of the thirty-first day of December of the last completed calendar year; (5) Without prior written approval of the insurer, collect any payment from a reinsurer or commit the insurer to any claim settlement with a reinsurer. A report of any such payment or claim settlem...

...n receipt of evidence that the combined net deposits of both escrow accounts equal or exceed the capital and surplus with which such company was authorized to begin business, the superintendent of insurance shall order the escrowed funds released to the company which may then commence the business of insurance. (B) Before the company proceeds to do business, the whole capital shall be paid in and invested in treasur...

...s organized. If it is a mutual company, net actual cash in the amount of not less than one million dollars of the same description, invested and deposited as required by the laws of the state where it was organized, shall be accepted in lieu of paid-in capital. This section shall not be applicable to any company licensed by the superintendent of insurance to transact the business of insurance in this state prior to ...

...unt of the premiums, it shall state the net premium. Notice shall be given annually if dividends are being allowed to accumulate at interest, or if dividends are being used to purchase paid-up additional insurance. This section does not apply to group insurance or to monthly or weekly premium insurance.

...unt equivalent to the accumulation of a net level premium sufficient to provide for a pure endowment at the end of the premium-payment period equal to the difference between the value at the end of such period of such a whole life preliminary term policy and the full reserve at such time of such limited payment life or endowment policy. This section does not apply to any policy issued under section 3915.07 of t...