Ohio Rev. Code § 3318.16

Current with legislation from 2024 received as of May 9, 2024.
Section 3318.16 - Commission has interest in real property purchased with school district's project construction fund

The Ohio facilities construction commission shall have an interest in real property purchased with moneys in the school district's project construction fund.

Once obligations issued to finance a project under section 3318.26 of the Revised Code are no longer outstanding, any interest held by the commission shall be transferred to the school district.

R.C. § 3318.16

Amended by 132nd General Assembly File No. TBD, HB 49,§101.01, eff. 9/29/2017.
Effective Date: 9/28/1999.