Ohio § 5540.07
Full text of Ohio Ohio Revised Code § 5540.07, with citation guidance and answers to common questions.
§ 5540.07.
The board of trustees of a transportation improvement district may provide by resolution
for the issuance of bonds of the district, payable solely from pledged revenues, for
the purpose of refunding any bonds then outstanding, including the payment of related
financing expenses and, if considered advisable by the board, for the additional purpose
of paying costs of improvements, extensions, renovations, or enlargements of any project. The issuance of refunding bonds, the maturities and other details thereof, the rights
of the holders thereof, and the rights, duties, and obligations of the board in respect
to such bonds shall be governed by the provisions of this chapter insofar as they
are applicable and by the applicable bond proceedings.
Frequently Asked Questions About Ohio § 5540.07
What does Ohio Revised Code § 5540.07 cover?
Section 5540.07 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5540.07?
A common citation format is "Ohio Revised Code § 5540.07" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5540.07 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.