Section 9.94 | Fractionalized Interests in Any One or More Public Obligations.
Effective: September 17, 1996 Latest Legislation: House Bill 748 – 121st General Assembly Third parties shall not issue and sell to others or publicly underwrite fractionalized interests in any one or more public obligations, as defined in division (GG)(2) of section 133.01 of the Revised Code, without the knowledge and express written approval or authorization […]
Section 9.95 | Maximum or Maximum Average Annual Interest Rate on Public Securities.
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly Securities to which this section applies shall bear interest at not to exceed the maximum or maximum average annual interest rate per annum determined in or pursuant to the proceedings for the securities by the legislative authority, taxing authority, subdivision, governing body, […]
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 9.87 | Indemnification of Public Officers and Employees.
Effective: March 31, 2005 Latest Legislation: House Bill 316 – 125th General Assembly (A) The state, except as provided in division (B) of this section, shall indemnify an officer or employee from liability incurred in the performance of official duties by paying any judgment in, or amount negotiated in settlement of, any civil action arising […]
Section 9.871 | Indemnification of Correctional Employee.
Effective: April 7, 2009 Latest Legislation: House Bill 130 – 127th General Assembly (A) If an employee of the department of rehabilitation and correction is subject to criminal charges for actions occurring within the scope and in the course of the employee’s assigned duties, and if the charges are dismissed or the employee is acquitted […]
Section 9.822 | Insurance and Bonds.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) The department of administrative services through the office of risk management shall establish an insurance plan or plans that may provide for self-insurance, the purchase of insurance, or the purchase of surety bonds, public official bonds, or fidelity bonds, for any […]
Section 9.823 | Risk Management Reserve Fund.
Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly (A) All contributions collected by the director of administrative services under division (E) of this section shall be deposited into the state treasury to the credit of the risk management reserve fund, which is hereby created. The fund shall be used to […]
Section 9.83 | Liability Insurance for Public Employees.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) The state and any political subdivision may procure a policy or policies of insurance insuring its officers and employees against liability for injury, death, or loss to person or property that occurs in the course of their employment or official responsibilities […]
Section 9.833 | Self-Insurance Program for Health Care Benefits.
Effective: November 2, 2018 Latest Legislation: House Bill 87 – 132nd General Assembly (A) As used in this section: “Political subdivision” has the meaning defined in sections 2744.01 and 3905.36 of the Revised Code. For purposes of this section, “political subdivision” includes municipal corporations as defined in section 5705.01 of the Revised Code. “County board” […]