Effective: May 26, 1989
Latest Legislation: House Bill 267 - 118th General Assembly
Moneys in the funds of the Ohio water development authority, except as otherwise provided in any resolution authorizing the issuance of its water development revenue bonds, in any trust agreement securing its water development revenue bonds, or in any other resolution authorizing the investment of the funds of the authority, in excess of current needs, may be invested in notes, bonds, or other obligations of the United States, or of any agency or instrumentality thereof, or in obligations of this state or any political subdivision thereof. Income from all such investments of moneys in any fund shall be credited to such funds as the authority determines, subject to the provisions of any such resolution or trust agreement, and such investments may be sold at such times as the authority determines.
Structure Ohio Revised Code
Title 61 | Water Supply-Sanitation-Ditches
Chapter 6121 | Water Development Authority
Section 6121.01 | Water Development Authority Definitions.
Section 6121.02 | Creation and Organization of Ohio Water Development Authority.
Section 6121.03 | Public Policy of the State.
Section 6121.04 | Powers of Ohio Water Development Authority.
Section 6121.041 | Waste Water Facilities Service Area.
Section 6121.043 | Collection of Charges for Waste Water Facilities Service Area.
Section 6121.044 | Financing Project - Exemption From Tax or Assessments.
Section 6121.045 | Fees and Fines May Not Exceed Loan Principal.
Section 6121.05 | Studies of Proposed Water Development Projects.
Section 6121.06 | Water Development Revenue Bonds and Notes.
Section 6121.07 | Bond Issuance Need Not Comply With State Requirements.
Section 6121.08 | Securing Bonds or Notes by Trust Agreement.
Section 6121.09 | Protection and Enforcement of Rights of Bondholder and Trustees.
Section 6121.10 | Water Development Revenue Bonds and Notes Not a Debt of State.
Section 6121.11 | Use of Funds and Property of Water Development Authority.
Section 6121.12 | Investment of Funds of Water Development Authority.
Section 6121.14 | Maintain, Repair, Operate Water Development Authority Project.
Section 6121.15 | Water Development Authority Bonds Are Lawful Investments.
Section 6121.16 | Exemption From Taxes and Assessments Granted to Ohio Water Development Authority.
Section 6121.17 | Purchase of Land - Conveyance by Other Governmental Agencies.
Section 6121.18 | Appropriation of Land by Eminent Domain.
Section 6121.21 | Public Meetings and Records - Confidentiality.