Section 761.09 | Trust Agreements Securing Bonds.
Effective: February 21, 1967 Latest Legislation: House Bill 1 – 107th General Assembly Bonds issued under sections 761.04 to 761.14, inclusive, of the Revised Code, may be secured by a trust agreement between the municipal corporation and a corporate trustee, which trustee may be any trust company or bank having the powers of a trust […]
Section 761.10 | Distributing Income.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly All rentals received under leases of a project made by the municipal corporation, and all proceeds of the sale or other disposition of a project of the municipal corporation, after paying the necessary expenses including expenses of maintenance and repair which the […]
Section 761.11 | Purchase Fund.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly Municipal corporations issuing revenue bonds as provided in sections 761.01 to 761.14, inclusive, of the Revised Code, shall establish a purchase fund to consist of all money appropriated by the municipal corporation for the purchase and improvement of property authorized to be […]
Section 761.12 | Investment of Moneys.
Effective: January 1, 1997 Latest Legislation: House Bill 538 – 121st General Assembly Moneys in the funds established under sections 761.10 and 761.11 of the Revised Code, except as otherwise provided in any ordinance authorizing such revenue bonds or in any trust agreement securing such bonds, in excess of current needs, may be invested in […]
Section 761.13 | Action in Event of Default.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly In the event of a default with respect to any lease, the municipal corporation shall take such action as it deems proper in the circumstances to enforce and protect the rights of the municipal corporation and such action as may be required […]
Section 761.14 | Issuing Additional Bonds for a Project.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly If the legislative authority of the municipal corporation finds that the bonds authorized will be insufficient to provide the project to be leased or sold, additional bonds may be authorized and issued in the same manner as the bonds issued under sections […]
Section 761.03 | Powers in Purchasing or Constructing a Project.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly A municipal corporation purchasing or constructing a project pursuant to section 761.02 of the Revised Code, may; (A) Issue revenue bonds payable solely from revenues as provided in sections 761.01 to 761.14, inclusive, of the Revised Code; (B) Make and enter into […]
Section 761.04 | Term of Revenue Bonds.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly Revenue bonds issued under section 761.03 of the Revised Code, shall be in such form and shall be sold in such manner and upon such terms as determined by the legislative authority of the municipal corporation issuing such bonds. Such bonds may […]
Section 759.45 | Acquisition of Cemetery Approach.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The officers having control and management of a public cemetery, acting under sections 759.02 to 759.48, inclusive, of the Revised Code, may acquire property necessary, in the judgment of a majority of them, for a better approach thereto. No lot or parcel […]
Section 759.46 | Conveyances.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The title to property acquired under section 759.45 of the Revised Code shall vest in the township or municipal corporation owning the cemetery. The officers making such exchange shall execute, in the name of the township or municipal corporation, conveyances of the […]