Ohio Code § 1555.16
Ohio Code § 1555.16. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1555.16.
The exercise of the powers granted by this chapter will be for the benefit of the
people of the state, for the improvement of their health, safety, convenience, and
welfare, and for the enhancement of their economic opportunities and their environmental
resources and is a public purpose. Since the financing of coal research and development and coal research and development
projects will constitute the performance of essential governmental functions, bonds
and notes issued under this chapter, their transfer, and the income therefrom, including
any profit made on the sale thereof, shall at all times be free from taxation within
the state.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1555.16
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1555.16?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1555.16 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1555.16 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.