Section 9.98 | Bond Financing Definitions.
Effective: May 6, 2005 Latest Legislation: House Bill 16 – 126th General Assembly As used in sections 9.98 to 9.983 of the Revised Code: (A) “Absolute obligor” means the person, other than the issuer, ultimately responsible under a loan agreement, lease, or sale or installment sale agreement, or other contract with the issuer to make […]
Section 9.981 | Applicability.
Effective: July 1, 2014 Latest Legislation: House Bill 497 – 130th General Assembly (A) Sections 9.98 to 9.983 of the Revised Code are applicable to bonds: (1) The payment of the debt service on which is to be provided for directly or indirectly by payments contracted to be made in the bond proceedings by the […]
Section 9.982 | Bond Proceedings.
Effective: July 1, 2005 Latest Legislation: House Bill 431 – 125th General Assembly (A) The bond proceedings for bonds referred to in division (A) or (B) of section 9.981 of the Revised Code may provide for one or more of the following: (1) Floating rate interest structures, which may, but need not be, limited to […]
Section 9.983 | Costs, Expenses and Fees.
Effective: December 22, 1992 Latest Legislation: Senate Bill 359 – 119th General Assembly (A) Provision may be made for costs and expenses of providing credit facilities, put arrangements, and interest rate hedges, and for fees and expenses of agents, and other fees, costs, and expenses in connection with arrangements under sections 9.98 to 9.983 of […]
Section 9.96 | Issue Public Securities.
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) The authority granted by this section is in addition to and not a limitation upon other authorizations granted by or pursuant to law or the Ohio Constitution. (B) An issue of securities lawfully authorized by any public issuer may be issued […]
Section 9.97 | Exemption of Bond Interest From Income Tax.
Effective: November 26, 1982 Latest Legislation: Senate Bill 550 – 114th General Assembly (A) Any one of the governor, the lieutenant governor, the attorney general, the secretary of state, the treasurer of state, or the auditor of state, shall act as the applicable elected representative of the state for purposes of any federal law or […]
Section 9.88 | Immunity of Federal Law Enforcement Officers.
Effective: June 13, 1990 Latest Legislation: Senate Bill 266 – 118th General Assembly (A) As used in this section, “federal law enforcement officer” means any officer of the United States who is authorized by federal law to conduct any investigation of, and make any arrest for, any offense against the United States in violation of […]
Section 9.90 | Purchase or Procurement of Insurance for Educational Employees.
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly (A) The board of trustees or other governing body of a state institution of higher education, as defined in section 3345.011 of the Revised Code, board of education of a school district, or governing board of an educational service center may, in […]
Section 9.901 | Design and Delivery of Health Care Plans; Authority of Department of Administrative Services.
Effective: December 19, 2016 Latest Legislation: House Bill 471 – 131st General Assembly (A)(1) Health care plans that provide benefits to persons employed by public employers as defined by this section may consider best practices established by the former school employees health care board or identified by the department of administrative services. All policies or […]
Section 9.91 | Placement or Purchase of Tax-Sheltered Annuity for Educational Employees.
Effective: September 15, 2014 Latest Legislation: House Bill 483 – 130th General Assembly If the board of education of a school district procures a tax-sheltered annuity for an employee, pursuant to section 9.90 of the Revised Code, that meets the requirements of Internal Revenue Code section 403(b), the employee has the right to designate the […]