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Ohio Rev. Code Ann. § 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 all contracts and agreements necessary or incidental to the exercise of its powers under sections 761.01 to 761.14, inclusive, of the Revised Code;

(C) Maintain, protect, repair, improve, and insure any property which it has acquired and dispose of the same by sale, exchange, or lease as provided in section 761.01 to 761.14, inclusive, of the Revised Code.

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.