Section 3366.01 | State Purchase of Education Loans Definitions.
Effective: February 20, 2002 Latest Legislation: Senate Bill 116 – 124th General Assembly As used in this chapter, the following words and terms have the following meanings unless the context indicates a different meaning or intent: (A) “Bond proceedings” means the order, trust, agreement, indenture and other agreements, or amendments and supplements to the foregoing, […]
Section 3366.02 | Public Benefits of Creating Secondary Market for Education Loans.
Effective: November 24, 1995 Latest Legislation: Senate Bill 131 – 121st General Assembly The purpose of this chapter is to facilitate the provision of education loans to or for students who are residents of this state attending eligible institutions in or outside this state, and to or for students who are not residents of this […]
Section 3366.03 | Policy Guidelines – Duties of Designated Administrator.
Effective: June 8, 2000 Latest Legislation: Senate Bill 161 – 123rd General Assembly (A) In furtherance of the public policy and purpose set forth in section 3366.02 of the Revised Code and to implement that purpose, the director of development, with the approval of the issuing authority, shall adopt, amend, or rescind rules, pursuant to […]
Section 3366.04 | Issuance of Obligations.
Effective: June 8, 2000 Latest Legislation: Senate Bill 161 – 123rd General Assembly (A) The issuing authority may issue obligations under this section to provide money to make proceeds loans to the designated administrator for the purpose of acquiring education loans, or needed for capitalized interest, for funding reserves, and for paying costs and expenses […]
Section 3366.05 | Issuing Authority as Eligible Not-for-Profit Servicer of Certain Student Loans.
Effective: September 10, 2012 Latest Legislation: House Bill 487 – 129th General Assembly The issuing authority, as an eligible not-for-profit holder of federal education loans, may act as an eligible not-for-profit servicer of certain student loans owned by the federal government under Section 2212 of the “Health Care and Education Reconciliation Act of 2010,” Pub. […]