Effective: September 29, 2013
Latest Legislation: House Bill 59 - 130th General Assembly
Bonds of a lake facilities authority and lake facilities authority revenue bonds are lawful investments of banks, societies for savings, trust companies, savings and loan associations, deposit guaranty associations, trustees, fiduciaries, trustees or other officers having charge of the bond retirement funds or sinking funds of port authorities and political subdivisions, and taxing districts of this state, the commissioners of the sinking fund of this state, the administrator of workers' compensation, the state teachers retirement system, the school employees retirement system, the public employees retirement system, the Ohio police and fire pension fund, and insurance companies, including domestic life insurance companies and domestic insurance companies other than life, and are acceptable as security for the deposit of public moneys.
Structure Ohio Revised Code
Chapter 353 | Lake Facilities Authorities
Section 353.02 | Creation of Lake Facilities Authority.
Section 353.03 | Powers of Authority.
Section 353.04 | Board of Directors.
Section 353.05 | Power to Propose Tax Levy.
Section 353.06 | Tax on Lodging.
Section 353.07 | Transfer of Property for Benefit of Wetlands, Wildlife, or Sporting Activities.
Section 353.08 | Lake Facilities Authority Anticipation Bonds.
Section 353.09 | Lake Facilities Authority Revenue Bonds.
Section 353.10 | Additional Powers With Respect to Facilities.
Section 353.11 | Security for Bonds.
Section 353.12 | Enforcement of Rights.
Section 353.13 | Nature of Revenue Bonds.
Section 353.14 | Authority Moneys, Funds, Property and Assets.