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Ohio Revised Code - Title XXXIII Education - Libraries - Chapter 3377: Ohio Higher Educational Facility Commission
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Ohio Laws > Education - Libraries > Ohio Revised Code - Title XXXIII Education - Libraries - Chapter 3377: Ohio Higher Educational Facility Commission
- 3377.01 Ohio higher educational facility commission definitions.
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...
- 3377.02 Ohio higher educational facility commission.
There is hereby created the Ohio higher educational facility commission for the purpose of enhancing the educational opportunities of the people of the state and...
- 3377.03 Appointment of members of commission - annual report.
The Ohio higher educational facility commission shall be comprised of nine members, one of whom shall be the chancellor of the Ohio board of regents...
- 3377.04 Commission - powers and duties.
The Ohio higher educational facility commission may: (A) Acquire by gift or purchase and hold and mortgage real estate and interests therein and personal property...
- 3377.05 Issuance and sale of bonds.
The Ohio higher educational facility commission may issue bonds of the state for the purpose of providing moneys to pay project costs. The commission shall...
- 3377.06 Anticipation notes.
In anticipation of the issuance of bonds authorized by section 3377.05 of the Revised Code, the Ohio higher educational facility commission may issue bond anticipation...
- 3377.07 Provisions of contract with bondholders.
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...
- 3377.08 Bonds may be secured by pledge, trust agreement or indenture of mortgage.
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...
- 3377.09 Protection and enforcement of rights of bondholder and trustees.
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...
- 3377.10 Issuance of refunding bonds.
The Ohio higher educational facility commission may issue refunding bonds to refund any bonds previously issued under Chapter 3377. of the Revised Code for any...
- 3377.11 Bonds are lawful investments.
Bonds issued under this chapter are lawful investments of banks, societies for savings, savings and loan associations, deposit guarantee associations, trust companies, trustees, fiduciaries, insurance...
- 3377.12 Tax exemption.
Any real or personal property, or both, of the Ohio higher educational facility commission which is acquired, constructed, reconstructed, enlarged, improved, furnished, or equipped, or...
- 3377.13 Special assessments - installments.
When a special assessment is made on real property owned by the Ohio higher educational facility commission and leased under authority of Chapter 3377. of...
- 3377.14 Property may be conveyed or exchanged.
The state or any political subdivision, taxing district, or other public body of this state may, without competitive bidding, convey or exchange with the Ohio...
- 3377.15 Bonds not debt of state.
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...
- 3377.16 Project exemptions.
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...
- 3377.17 Chancellor to provide analyses and information on project.
Before the higher education facilities commission acts upon a proposed project, the commission shall request of the chancellor of the Ohio board of regents: (A)...
Last modified: March 31, 2010
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