Ohio Revised Code
Chapter 6121 | Water Development Authority
Section 6121.15 | Water Development Authority Bonds Are Lawful Investments.

Effective: November 2, 1999
Latest Legislation: House Bill 222 - 123rd General Assembly
All water development revenue bonds issued under this chapter are lawful investments of banks, societies for savings, savings and loan associations, deposit guarantee associations, trust companies, trustees, fiduciaries, insurance companies, including domestic for life and domestic not for life, trustees or other officers having charge of sinking and bond retirement or other special funds of political subdivisions and taxing districts of this state, the commissioners of the sinking fund of the state, the administrator of workers' compensation, the state teachers retirement system, the public employees retirement system, the school employees retirement system, and the Ohio police and fire pension fund, and are acceptable as security for the deposit of public moneys.

Structure Ohio Revised Code

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 6121.042 | Rates or Charges Imposed Upon the Owners or Occupants of Lands Within 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 6121.061 | Prevailing Rates of Wages of Laborers and Mechanics for Class of Work Called for by Project.

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 6121.13 | Charge, Alter, and Collect Rentals or Other Charges for Use or Services of Water Development Project.

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 6121.19 | Change Location of Public Road, State Highway, Railroad, or Public Utility Facility in Connection With Water Development Project.

Section 6121.21 | Public Meetings and Records - Confidentiality.

Section 6121.22 | Liberal Construction of Chapter.