Effective: September 17, 1991
Latest Legislation: House Bill 207 - 119th General Assembly
Bonds issued under authority of Chapter 165. of the Revised Code do not, and shall state that they do not, represent or constitute a debt or pledge of the faith and credit of the issuer, and such bonds are payable solely from the rentals, revenues, and other income, charges, and moneys as are pledged for their payment in accordance with the bond proceedings. No moneys of any issuer raised by taxation shall be obligated or pledged for the payment of bonds or other obligations issued or guarantees made pursuant to sections 165.01 to 165.14 of the Revised Code.
Structure Ohio Revised Code
Chapter 165 | Industrial Development Bonds
Section 165.01 | Industrial Development Bond Definitions.
Section 165.02 | Authority of Bond Issuer.
Section 165.03 | Permitted Purposes for Issuing Bonds.
Section 165.04 | Permitted Provisions in Bond Proceedings.
Section 165.05 | Securing Bonds.
Section 165.06 | Protection and Enforcement of Rights of Bondholder and Trustees.
Section 165.07 | Refunding Bonds.
Section 165.08 | Bonds Are Lawful Investments.
Section 165.09 | Exemptions From Tax.
Section 165.10 | Paying Installments of Assessment.
Section 165.11 | Conveyance or Exchange of Public Property.
Section 165.13 | Prohibiting Interest in Public Contract.