Effective: July 1, 2013
Latest Legislation: House Bill 51 - 130th General Assembly
All moneys received by the Ohio turnpike and infrastructure commission under this chapter, whether as proceeds from the sale of bonds or as revenues, are to be held and applied solely as provided in this chapter and in any applicable bond proceedings. Such moneys shall be kept in depositories as selected by the commission in the manner provided in sections 135.01 to 135.21 of the Revised Code, insofar as such sections are applicable, and the deposits shall be secured as provided in sections 135.01 to 135.21 of the Revised Code. The bond proceedings shall provide that any officer to whom, or any bank or trust company to which, revenues or pledged revenues are paid shall act as trustee of such moneys and hold and apply them for the purposes thereof, subject to applicable provisions of this chapter and the bond proceedings.
Structure Ohio Revised Code
Title 55 | Roads-Highways-Bridges
Chapter 5537 | Ohio Turnpike and Infrastructure Commission
Section 5537.01 | Turnpike Commission Definitions.
Section 5537.02 | Ohio Turnpike and Infrastructure Commission.
Section 5537.03 | Turnpike and Infrastructure Projects.
Section 5537.04 | Authority and Powers of Turnpike and Infrastructure Commission.
Section 5537.041 | Appeal of Turnpike Invoice.
Section 5537.05 | Construction of Grade Separations at Intersections of Turnpike Projects.
Section 5537.06 | Acquiring and Disposing of Property.
Section 5537.07 | Bidding Process for Contracts Exceeding $50,000.
Section 5537.08 | Issuing Revenue Bonds.
Section 5537.09 | Refunding Bonds.
Section 5537.10 | Turnpike Bonds Need Not Comply With Other Laws Applicable to Issuance of Bonds.
Section 5537.11 | Bonds Not a Debt of State.
Section 5537.12 | Trust Agreement for Security of Bonds.
Section 5537.13 | Contracts - Bids - Tolls - Sinking Fund - Lien of the Pledge.
Section 5537.14 | Holding and Application of Moneys.
Section 5537.15 | Protection and Enforcement of Rights of Bondholder and Trustees.
Section 5537.16 | Bylaws and Rules - Disposal of Fines.
Section 5537.18 | Applications for Infrastructure Project Funding.
Section 5537.19 | Studies of Turnpike or Infrastructure Projects.
Section 5537.21 | Project Continuing to Be Operated and Maintained as Toll Road.
Section 5537.23 | Liberal Construction of Chapter.
Section 5537.24 | Turnpike Legislative Review Committee.
Section 5537.25 | No Expenditures for Lobbyist.
Section 5537.26 | Change in Toll Rate Structure Requires Notice and Hearing.
Section 5537.27 | Application by Political Subdivisions or Government Agencies for Projects.
Section 5537.28 | Payment of Costs for Projects.
Section 5537.29 | Confidentiality of Information.