Ohio § 761.07
Full text of Ohio Ohio Revised Code § 761.07, with citation guidance and answers to common questions.
§ 761.07.
Revenue bonds issued under sections 761.01 to 761.14, inclusive, of the Revised Code , do not constitute a debt, or a pledge of the faith and credit of the issuing municipal
corporation, but such bonds shall be payable solely from the revenue derived from
the sale or lease of projects or by funds derived from the issuance of refunding bonds
as authorized in section 761.14 of the Revised Code . All such revenue bonds shall contain on the face thereof a statement to the effect
that the bonds, as to both principal and interest, are not an obligation of the issuing
municipal corporation, but are payable solely from revenues pledged for their payment. Revenue bonds and coupons attached thereto shall be executed in the name of the municipal
corporation by the manual or facsimile signatures of such official or officials as
are then empowered by law to execute bonds payable from the general funds of such
municipal corporation. In case any officer whose manual or facsimile signature appears on any revenue bond
or coupon shall cease to be such officer before the delivery of such bonds, such signature
shall nevertheless be valid and sufficient for all purposes as if he had remained
in office until such delivery. The ordinance or trust agreement may provide for the certification of the bond by
the trustee or fiscal agent thereunder.
Frequently Asked Questions About Ohio § 761.07
What does Ohio Revised Code § 761.07 cover?
Section 761.07 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 § 761.07?
A common citation format is "Ohio Revised Code § 761.07" (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 § 761.07 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.