Ohio Revised Code
Chapter 154 | Financing for Certain Capital Facilities
Section 154.19 | Establishment of Separate Accounts.

Effective: September 14, 2000
Latest Legislation: House Bill 640 - 123rd General Assembly
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 to costs of capital facilities of only specified facilities germane to the purpose of that improvement fund, and for other accounts in that fund within the general purposes of that fund. Unless otherwise provided in any applicable bond proceedings, moneys to the credit of or in the several bond service or other special funds established pursuant to Chapter 154. of the Revised Code shall be disbursed on the order of the issuing authority, provided that no such order is required for the payment from the applicable bond service fund when due of bond service charges on obligations, and provided that moneys to the credit of the improvement funds shall be disbursed as provided in the applicable appropriation measure.

Structure Ohio Revised Code

Ohio Revised Code

Title 1 | State Government

Chapter 154 | Financing for Certain Capital Facilities

Section 154.01 | Financing for Certain Capital Facilities Definitions.

Section 154.02 | Issuing Obligations.

Section 154.05 | Annual Report.

Section 154.06 | Public Facilities Commission Powers.

Section 154.07 | Contents of Obligations.

Section 154.08 | Bond Proceedings.

Section 154.09 | Trust Agreements.

Section 154.10 | Protecting and Enforcing Rights of Holders of Obligations.

Section 154.11 | Issuing Obligations for Refunding or Retirement of Prior Obligations.

Section 154.12 | Issuing Bond Anticipation Notes.

Section 154.13 | Lawful Investments.

Section 154.14 | Exemption From Tax.

Section 154.15 | Contents of Agreements With Other Governmental Agencies.

Section 154.16 | Leases, Grants and Conveyances to Commission by Governmental Agencies.

Section 154.17 | Cooperation With Commission - Contract Approval.

Section 154.18 | Investing Funds.

Section 154.19 | Establishment of Separate Accounts.

Section 154.20 | Capital Facilities for Mental Hygiene or Retardation.

Section 154.21 | Capital Facilities for State-Supported and State-Assisted Institutions of Higher Education.

Section 154.22 | Capital Facilities for Parks and Recreation.

Section 154.23 | Issuing Obligations to Pay Costs of Cultural and Sports Facilities.

Section 154.24 | Additional Definitions; Issuance of Obligations; Leasing Facilities.

Section 154.25 | Issuance of Revenue Obligations.