Effective: November 5, 1997 Latest Legislation: Senate Bill 62 – 122nd General Assembly (A) A county or township may issue, for itself or on behalf of any other county or township or in a joint exercise of their powers, self-supporting securities for either or both of the following purposes: (1) Paying the costs of any […]
Effective: July 20, 2006 Latest Legislation: Senate Bill 125 – 126th General Assembly (A) The taxing authority of a detention facility district, of a district organized under section 2151.65 of the Revised Code, or of a combined district organized under sections 2152.41 and 2151.65 of the Revised Code that has entered into an agreement under […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) Capitalized interest may be included in the principal amount of Chapter 133. securities to pay the interest that the fiscal officer or taxing authority estimates will become due and payable on the securities prior to the receipt of sufficient taxes, special […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) The taxing authority of a subdivision may issue securities in anticipation of the collection of unpaid special assessments in an amount sufficient to pay that portion of the cost of the permanent improvement or service for which the special assessments have […]
Effective: September 13, 2022 Latest Legislation: House Bill 140 – 134th General Assembly (A) The taxing authority of a subdivision may by legislation submit to the electors of the subdivision the question of issuing any general obligation bonds, for one purpose, that the subdivision has power or authority to issue. (B) When the taxing authority […]
Effective: September 17, 1991 Latest Legislation: House Bill 207 – 119th General Assembly (A) Before the taxing authority passes the initial legislation under section 133.22 or 133.23 of the Revised Code providing for the issuance of Chapter 133. securities for purposes of permanent improvements, and any subsequent legislation for the purpose if the certification is […]
Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly (A) This section applies to bonds that are general obligation Chapter 133. securities. If the bonds are payable as to principal by provision for annual installments, the period of limitations on their last maturity, referred to as their maximum maturity, shall be […]
Effective: October 16, 2009 Latest Legislation: House Bill 1 – 128th General Assembly (A) Except as provided in divisions (B) and (C) of this section, the principal amount of securities issued by any subdivision shall be payable in semiannual or annual installments, as serial securities or by mandatory sinking fund or mandatory sinking fund redemption […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) The taxing authority of a subdivision having legal authority and desiring to issue anticipatory securities that are Chapter 133. securities may pass legislation, and if anticipatory securities are outstanding and are to be paid in whole or in part at their […]
Effective: September 17, 1991 Latest Legislation: House Bill 207 – 119th General Assembly (A) If the taxing authority has not determined to issue anticipatory securities in anticipation of bonds under section 133.22 of the Revised Code the taxing authority may, and if the taxing authority has issued such anticipatory securities and they are to be […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) This section applies to tax anticipation notes authorized by the law applying to the particular levy and issued in anticipation of the collection of the proceeds of a voted property tax levy. Those notes are Chapter 133. securities. (B) After approval […]
Effective: November 24, 1995 Latest Legislation: House Bill 251 – 121st General Assembly (A) After the issuance of general obligation securities or of securities to which section 133.24 of the Revised Code applies, the taxing authority of the subdivision shall include in its annual tax budget, and levy a property tax in a sufficient amount, […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) Securities issued by a subdivision shall state on their face the purposes, stated in summary terms, for which, and identify the legislation under which, they are issued. They shall bear interest at a rate or rates as provided for in that […]
Effective: December 20, 2005 Latest Legislation: Senate Bill 107 – 126th General Assembly (A) Chapter 133. securities shall be signed on behalf of the subdivision as follows: (1) In the case of a municipal corporation, by the mayor or other chief executive officer and by the fiscal officer, or by any other officers who are […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) Before a taxing authority sells any securities of the subdivision to others, the taxing authority may offer the securities at their purchase price and accrued interest to the officer or officers who have charge of the bond retirement fund of the […]
Effective: September 17, 1991 Latest Legislation: House Bill 207 – 119th General Assembly (A) As determined by the taxing authority, Chapter 133. securities may be sold by competitive bid on the best bid, or at private sale in a manner determined or authorized by the taxing authority, and at not less than ninety-seven per cent […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) Unless otherwise provided in the proceedings, a subdivision that sells an issue of securities shall deliver the securities for payment within the state to the purchaser, or to a bank or trust company or other agent of the purchaser designated by […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly Unless otherwise provided by law or in proceedings authorized by law, proceeds from the sale of Chapter 133. securities shall be deposited and credited as follows: (A) An amount equal to the principal amount of or the discount purchase price of the […]
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly (A) The officer having charge of the minutes of the taxing authority or other public issuer shall prepare and certify, and if requested by the original purchaser of the securities or of the fractionalized interests in its public obligations furnish to that […]
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly (A) Upon the determination of the taxing authority that such funding or refunding will be in the subdivision’s best interest, the subdivision may: (1) Issue general obligation securities to fund or refund any outstanding revenue or mortgage revenue, sales tax supported, or […]
