Ohio § 4123.45

§ 4123.45.

All bonds of any taxing district of this state purchased by the administrator of workers'

compensation shall be printed or lithographed upon paper of the size required by the

administrator.  Interest coupons on the bonds shall be attached to the bonds in a manner required

by the administrator.  The principal and interest of the bonds shall be payable at the office of the treasurer

of state. The bonds shall be of the denomination required by the administrator in his resolution

to purchase, or the administrator may in his resolution to purchase require that all

bonds of any series of bonds purchased by him from any taxing district shall be consolidated

and issued as one bond, the principal amount of which shall be equal to the aggregate

amount of all the bonds of the series, which principal together with the interest

thereon shall be payable in installments evidenced by and payable upon the surrender

of combined principal and interest coupons attached thereto, which coupons shall each

separately state the amounts of principal and interest included therein. The proper officers of each taxing district issuing bonds are hereby authorized and

required without additional procedure or legislation on their part to comply with

this chapter, except that the proper accounting officer of the taxing district and

the secretary of its sinking fund shall make and keep a detailed record of any changes

required by the administrator.  The administrator shall not change the date of maturity of any part of the principal

or interest of any bond issue, nor shall he require a bond of any issue to be of a

larger denomination, nor any partial payment of principal to be of greater amount

than the aggregate amount of the issue falling due at any date.