Ohio § 6121.10
Full text of Ohio Ohio Revised Code § 6121.10, with citation guidance and answers to common questions.
§ 6121.10.
Water development revenue bonds and notes and water development revenue refunding
bonds issued under sections 6121.01 to 6121.22, inclusive, of the Revised Code , do not constitute a debt, or a pledge of the faith and credit, of the state or of
any political subdivision thereof, and the holders or owners thereof have no right
to have taxes levied by the general assembly or taxing authority of any political
subdivision of the state for the payment of the principal thereof or interest thereon,
but such bonds and notes are payable solely from the revenues and funds pledged for
their payment as authorized by such sections, unless the notes are issued in anticipation
of the issuance of bonds or the bonds are refunded by refunding bonds issued under
Chapter 6121. of the Revised Code, which bonds or refunding bonds shall be payable
solely from revenues and funds pledged for their payment as authorized by such sections. All such bonds and notes shall contain on the face thereof a statement to the effect
that the bonds or notes, as to both principal and interest, are not debts of the state
or any political subdivision thereof, but are payable solely from revenues and funds
pledged for their payment. All expenses incurred in carrying out Chapter 6121. of the Revised Code are payable
solely from funds provided under such sections. Such sections do not authorize the Ohio water development authority to incur indebtedness
or liability on behalf of or payable by the state or any political subdivision thereof.
Frequently Asked Questions About Ohio § 6121.10
What does Ohio Revised Code § 6121.10 cover?
Section 6121.10 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 § 6121.10?
A common citation format is "Ohio Revised Code § 6121.10" (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 § 6121.10 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.