Effective: October 4, 1972
Latest Legislation: House Bill 1063 - 109th General Assembly
If all or any portion of a new community district is annexed to a municipal corporation, the new community authority shall nevertheless continue in existence to carry out the new community development program for such district, and shall remain responsible for any bonds or notes issued pursuant to section 349.08 of the Revised Code.
Structure Ohio Revised Code
Chapter 349 | New Community Organization
Section 349.01 | New Community Organization Definitions.
Section 349.02 | Orderly Development of New Communities.
Section 349.03 | Initiation of Proceedings for Organization of New Community Authority.
Section 349.04 | Method of Selecting Board of Trustees.
Section 349.05 | Restricting Power and Authority of New Community Authority.
Section 349.06 | Power and Authority of New Community Authority.
Section 349.07 | Payment of Community Development Charge.
Section 349.08 | Issuing Bonds.
Section 349.09 | Issuance of New Community Authority Bonds and Notes Exempt From Bond Laws.
Section 349.10 | Bonds Secured by Trust Agreement.
Section 349.11 | Bondholder Rights.
Section 349.12 | Investing Funds.
Section 349.13 | Agreements With Other Governmental Entity or Agencies.
Section 349.14 | Election on Question of Dissolution of Authority.