Effective: March 7, 1968
Latest Legislation: Senate Bill 453 - 107th General Assembly
Bonds issued under authority of Chapter 3377. 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 state, grant to the owners or holders thereof any right to have the general assembly levy any taxes or appropriate any funds for the payment of the principal thereof or interest thereon. Such bonds are payable and shall state that they 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.
Structure Ohio Revised Code
Title 33 | Education-Libraries
Chapter 3377 | Ohio Higher Educational Facility Commission
Section 3377.01 | Ohio Higher Educational Facility Commission Definitions.
Section 3377.02 | Ohio Higher Educational Facility Commission.
Section 3377.03 | Appointment of Members of Commission - Annual Report.
Section 3377.04 | Commission - Powers and Duties.
Section 3377.05 | Issuance and Sale of Bonds.
Section 3377.06 | Anticipation Notes.
Section 3377.07 | Provisions of Contract With Bondholders.
Section 3377.08 | Bonds May Be Secured by Pledge, Trust Agreement or Indenture of Mortgage.
Section 3377.09 | Protection and Enforcement of Rights of Bondholder and Trustees.
Section 3377.10 | Issuance of Refunding Bonds.
Section 3377.11 | Bonds Are Lawful Investments.
Section 3377.12 | Tax Exemption.
Section 3377.13 | Special Assessments - Installments.
Section 3377.14 | Property May Be Conveyed or Exchanged.
Section 3377.15 | Bonds Not Debt of State.
Section 3377.16 | Project Exemptions.
Section 3377.17 | Chancellor to Provide Analyses and Information on Project.