Section 3377.15 | Bonds Not Debt of State.
Effective: March 7, 1968 Latest Legislation: Senate Bill 453 – 107th General Assembly Bonds issued under authority of Chapter 3377. of the Revised Code do not, and shall state that they do not, represent or constitute a debt or pledge of the faith and credit of the state, grant to the owners or holders thereof […]
Section 3377.16 | Project Exemptions.
Effective: August 26, 1977 Latest Legislation: House Bill 1 – 112th General Assembly A project is not subject to the requirements relating to public buildings, structures, grounds, works, or improvements imposed by section 125.81 of the Revised Code or any other similar requirements which may be lawfully waived by this section. A project shall be […]
Section 3377.07 | Provisions of Contract With Bondholders.
Effective: March 7, 1968 Latest Legislation: Senate Bill 453 – 107th General Assembly The bond proceedings may contain provisions which shall be part of the contract with the bondholders as to: (A) Pledging the rentals, revenues, and other income, charges, and moneys therein designated for the payment of the principal of and interest on the […]
Section 3377.08 | Bonds May Be Secured by Pledge, Trust Agreement or Indenture of Mortgage.
Effective: July 1, 1985 Latest Legislation: House Bill 238 – 116th General Assembly In the discretion of the Ohio higher educational facility commission, the bonds may be secured by a trust agreement or indenture of mortgage between the commission and a corporate trustee which may be any trust company or bank having the powers of […]
Section 3377.09 | Protection and Enforcement of Rights of Bondholder and Trustees.
Effective: March 7, 1968 Latest Legislation: Senate Bill 453 – 107th General Assembly Any holder of bonds issued pursuant to Chapter 3377. of the Revised Code or a trustee under a trust agreement or indenture of mortgage entered into pursuant to section 3377.08 of the Revised Code, except to the extent that their rights are […]
Section 3376.05 | Scholarships.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly A scholarship from a state institution of higher education or private college at which a student is enrolled is not compensation for use of the student’s name, image, or likeness for purposes of this chapter. No state institution of higher education or […]
Section 3376.06 | Student Athlete Contract Limitations; Contract Disclosure and Review.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) As used in this section: (1) “Official team activities” means all games, practices, exhibitions, scrimmages, team appearances, team photograph sessions, sports camps sponsored by the institution or college, and other team-organized activities, regardless of whether the activity takes place on or […]
Section 3376.07 | Certain Contracts May Be Prohibited.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly A state institution of higher education, private college, athletic association, conference, or other group or organization with authority over intercollegiate athletics may prohibit a student who participates in intercollegiate athletics from entering into a contract providing compensation to the student for use […]
Section 3376.08 | Limitations on Chapter Applicability.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly Nothing in this chapter does any of the following: (A) Requires a state institution of higher education, private college, athletic association, conference, or other group or organization with authority over intercollegiate athletics to identify, create, facilitate, negotiate, or otherwise enable opportunities for […]
Section 3377.01 | Ohio Higher Educational Facility Commission Definitions.
Effective: September 26, 2003 Latest Legislation: House Bill 95 – 125th General Assembly As used in Chapter 3377. of the Revised Code: (A) “Educational institution” or “institution” means an educational institution organized not for profit and holding an effective certificate of authorization issued under section 1713.02 of the Revised Code. It does not include any […]