Ohio Revised Code Search
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Section 154.07 | Contents of obligations.
...For the respective purposes provided in sections 154.20, 154.21, 154.22, 154.23, 154.24, and 154.25 of the Revised Code, the issuing authority may issue obligations of the state of Ohio as provided in Chapter 154. of the Revised Code, provided that the holders or owners of obligations shall have no right to have excises or taxes levied by the general assembly for the payment of the bond service charges. The rig... |
Section 154.08 | Bond proceedings.
...(A) Obligations issued under this chapter shall be authorized by order or resolution of the issuing authority, and the bond proceedings shall provide for the purpose thereof, the principal amount, the permitted discount, if any, the principal maturity or maturities, not exceeding forty years from the date of issuance, the interest rate or rates, which may be a variable rate or rates, or the maximum interest rate, the... |
Section 154.09 | Trust agreements.
...In the discretion of the issuing authority, obligations may be secured additionally by a trust agreement or indenture between the state and a corporate trustee which may be any trust company or bank having the powers of a trust company within or without this state but authorized to exercise trust powers within this state. Any such agreement or indenture may contain the resolution or order authorizing the issuance of ... |
Section 154.10 | Protecting and enforcing rights of holders of obligations.
...Any holder of obligations issued pursuant to Chapter 154. of the Revised Code or a trustee under the bond proceedings, except to the extent that their rights are restricted by the bond proceedings, may by any suitable form of legal proceedings, protect and enforce any rights under the laws of this state or granted by such bond proceedings. Such rights include the right to compel the performance of all duties of the c... |
Section 154.11 | Issuing obligations for refunding or retirement of prior obligations.
...The issuing authority may authorize and issue obligations for the refunding, including funding and retirement, of any obligations previously issued under this chapter and any other bonds or notes previously issued to pay the costs of capital facilities. Such obligations may be issued in amounts sufficient for payment of the principal amount of the prior obligations, any redemption premiums thereon, principal maturiti... |
Section 154.12 | Issuing bond anticipation notes.
...The authority to issue obligations under Chapter 154. of the Revised Code includes authority to issue obligations in the form of bond anticipation notes and to renew the same from time to time by the issuance of new notes, but the maximum maturity of notes, including renewals thereof, unless otherwise authorized by the general assembly, shall not exceed five years from the date of the issuance of the original notes. ... |
Section 154.13 | Lawful investments.
...Obligations issued under this chapter are lawful investments for banks, societies for savings, savings and loan associations, deposit guarantee associations, trust companies, trustees, fiduciaries, insurance companies, including domestic for life and domestic not for life, trustees or other officers having charge of sinking and bond retirement or other special funds of political subdivisions and taxing districts of t... |
Section 154.14 | Exemption from tax.
...All property, real or personal, purchased, acquired, constructed, or owned by the commission under this chapter, or financed in whole or in part by obligations issued under this chapter, and used by the commission or any governmental agency for the exercise of its powers and duties, is public property used exclusively for a public purpose, and such property and the income of the commission or issuing authority or any... |
Section 154.15 | Contents of agreements with other governmental agencies.
...Any governmental agency may enter into an agreement with the commission permitting the commission to use for purposes of the commission any property in the use of such governmental agency or under its control upon such terms and conditions as they may mutually agree upon, provided only that the consent of the governing body of such governmental agency shall be obtained, and if title to such property is in the name of... |
Section 154.16 | Leases, grants and conveyances to commission by governmental agencies.
...Any governmental agency may lease, grant, or convey to the commission, at its request, any real property or interests therein including improvements thereto or personal property of or under the control of such governmental agency which is necessary or convenient to the effectuation of the authorized purposes of the commission, including public roads and other real property or interests therein, including improvements... |
Section 154.17 | Cooperation with commission - contract approval.
...The departments of administrative services, mental health and addiction services, developmental disabilities, rehabilitation and correction, and natural resources, the Ohio board of regents, institutions of higher education, and other state officers and state agencies shall cooperate with the commission in providing services and information requested by the commission for purposes of Chapter 154. of the Revised... |
Section 154.18 | Investing funds.
...Unless otherwise provided in any applicable bond proceedings, moneys to the credit of or in the several bond service funds or other special funds established under this chapter may be invested by or on behalf of the issuing authority only in investments referred to in division (R) of section 151.01 of the Revised Code. |
Section 154.19 | Establishment of separate accounts.
...Notwithstanding any other provisions of Chapter 154. of the Revised Code with respect to bond service funds and improvement funds, provision may be made in the applicable bond proceedings for the establishment of separate accounts in any bond service fund or the improvement fund and for the application of those accounts only to the specified bond service charges on obligations pertinent to that bond service fund and ... |
Section 154.20 | Capital facilities for mental hygiene or retardation.
...(A) Subject to authorization by the general assembly under section 154.02 of the Revised Code, the issuing authority may issue obligations pursuant to this chapter to pay costs of capital facilities for mental hygiene and retardation, including housing for mental hygiene and retardation patients and persons with substance use disorders. (B) Any capital facilities for mental hygiene or retardation, including h... |
Section 154.21 | Capital facilities for state-supported and state-assisted institutions of higher education.
...(A) Subject to authorization by the general assembly under section 154.02 of the Revised Code, the issuing authority may authorize and issue obligations pursuant to this chapter to pay the cost of capital facilities for state-supported and state-assisted institutions of higher education. (B) Capital facilities for institutions of higher education financed under this section may be leased by the commission to ... |
Section 154.22 | Capital facilities for parks and recreation.
... (A) Subject to authorization by the general assembly under section 154.02 of the Revised Code, the issuing authority may authorize and issue obligations pursuant to this chapter to pay costs of capital facilities for parks and recreation. (B) Any capital facilities for parks and recreation may be leased by the commission to the department of natural resources and other agreements may be made by the commission and s... |
Section 154.23 | Issuing obligations to pay costs of cultural and sports facilities.
...(A) Subject to authorization by the general assembly under section 154.02 of the Revised Code, the issuing authority may issue obligations pursuant to this chapter to pay costs of capital facilities for Ohio cultural facilities and Ohio sports facilities. (B) The Ohio public facilities commission may lease any capital facilities for Ohio cultural facilities or Ohio sports facilities to, and make or provide fo... |
Section 154.24 | Additional definitions; issuance of obligations; leasing facilities.
... (A) In addition to the definitions provided in section 154.01 of the Revised Code: (1) "Capital facilities" includes, for purposes of this section, storage and parking facilities related to such capital facilities. (2) "Costs of capital facilities" includes, for purposes of this section, the costs of assessing, planning, and altering capital facilities, and the financing thereof, all related direct administ... |
Section 154.25 | Issuance of revenue obligations.
...(A) As used in this section: (1) "Available community or technical college receipts" means all money received by a community or technical college or community or technical college district, including income, revenues, and receipts from the operation, ownership, or control of facilities, grants, gifts, donations, and pledges and receipts therefrom, receipts from fees and charges, the allocated state share of i... |
Section 155.04 | Approved headstones at graves of soldiers.
...(A) No trustee, association, corporation, or person in control of any cemetery or a public graveyard in this state shall make a rule or bylaw prohibiting the erection of headstones furnished or approved by the United States government or by the state for the graves of soldiers, sailors, and marines, who have served in the army or navy of the United States or of the state. Any rule or bylaw passed by any cemetery asso... |
Section 155.05 | Violating rules at prehistoric parks.
...No person shall willfully violate a reasonable rule governing the access to prehistoric parks or historic grounds made by a person, association, or company owning or having custody of such parks or grounds nor shall any person injure or mark structures, trees, or plants therein. Whoever violates this section is liable to such owners or custodians for damages. |
Section 155.27 | Certain incorporated associations may purchase or condemn battlefield or memorial sites.
...Any incorporated association, having for its purpose the preservation of public parks and memorial sites, may acquire and hold in perpetuity for memorial purposes for the free use and benefit of the public, any real estate in the state, which is the site or scene of any battle, or other engagement, in behalf of, or in defense of, the government of the United States or of the state, or which has been used or set apart... |
Section 155.28 | War relics.
... (A) As used in this section: "Ohio history connection" means the corporation described in section 149.30 of the Revised Code. "Person" means any individual, firm, partnership, association, corporation, governmental agency, or the state or a political subdivision of the state. "Public property" means property owned or leased by the state or a political subdivision of the state. "War" means the French and Indi... |
Section 155.29 | [Former R.C. 155.011, amended and renumbered by H.B. 110 of the 134th General Assembly, effective 9/30/2021] Applying for acquisition of minerals rights from state.
...The owner of any tract of land in which the state has retained the gas, oil, coal, and other mineral rights and right of entry may acquire such rights by purchase from the state. Such owner desiring to purchase such rights shall make application to the director of administrative services. This application shall be in such manner and form and shall contain such information as prescribed by the director. The said appli... |
Section 155.30 | [Former R.C. 1509.70, amended and renumbered by H.B. 110 of the 134th General Assembly, effective 9/30/2021] Definitions.
...As used in sections 155.30 to 155.36 of the Revised Code: (A) "Formation" means any of the following: (1) The distance from the surface of the land to the top of the Onondaga limestone; (2) The distance from the top of the Onondaga limestone to the bottom of the Queenston formation; (3) The distance from the bottom of the Queenston formation to the basement rock. (B) "Gross landowner royalty" means a royalt... |