Ohio Rev. Code § 739.01

This is the official text of Ohio Rev. Code § 739.01, part of Ohio’s Ohio Revised Code — the complete compiled statutory law of Ohio, organized into 40+ numbered titles by subject.

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§ 739.01. Payment of municipal indebtedness - sinking fund

Official statutory text

October 1, 1953 House Bill 1 - 100th General Assembly Municipal corporations having outstanding bonds or funded debts shall, through their legislative authorities, and in addition to all other taxes authorized by law, levy and collect annually a tax upon all the real and personal property in the municipal corporation sufficient to pay the interest and provide a sinking fund for the extinguishment of all bonds issued and funded debts incurred prior to August 17, 1921, and the taxes so raised shall be used for no other purpose.

Status: in_force · Read it on the official government site

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