6121-2-05. Maintenance of tax exempt status of bonds and notes

Latest version.

The governing body of the authority shall not approve a loan if the loan, in the opinion of the authority's counsel, would jeopardize the tax-exempt status of bonds or notes issued by the authority.

Five Year Review (FYR) Dates: 7/30/2019 and 07/30/2024
Promulgated Under: 111.15
Statutory Authority: 6121.04, 6121.21, 121.22
Rule Amplifies: 6121.04, 6123.04
Prior Effective Dates: 04/27/2000

Prior History: (R.C. 119.032 review dates: 03/28/2014 and 03/28/2019
Promulgated Under: 111.15
Statutory Authority: 6121.04, 6121.21, 121.22
Rule Amplifies: 6121.04, 6123.04
Prior Effective Dates: 4/27/00)

                    
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