Ohio Revised Code Chapter 3377 - Ohio Higher Educational Facility Commission

• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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,...
• Section 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,...
• Section 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....
• Section 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...
• Section 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...
• Section 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...
• Section 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:...

Last modified: October 10, 2016