Ohio Code § 4928.2315
Ohio Code § 4928.2315. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 4928.2315.
(A) The state pledges to and agrees with the bondholders, any assignee, and any financing
parties under a final financing order that the state will not take or permit any action
that impairs the value of phase-in-recovery property under the final financing order
or revises the phase-in costs for which recovery is authorized under the final financing
order or, except as allowed under section 4928.238 of the Revised Code , reduce, alter, or impair phase-in-recovery charges that are imposed, charged, collected,
or remitted for the benefit of the bondholders, any assignee, and any financing parties,
until any principal, interest, and redemption premium in respect of phase-in-recovery
bonds, all financing costs, and all amounts to be paid to an assignee or financing
party under an ancillary agreement are paid or performed in full. (B) Any person who issues phase-in-recovery bonds is permitted to include the pledge
specified in division (A) of this section in the phase-in-recovery bonds, ancillary
agreements, and documentation related to the issuance and marketing of the phase-in-recovery
bonds.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 4928.2315
- 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 § 4928.2315?
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 § 4928.2315 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 § 4928.2315 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Statutes are amended, repealed, and renumbered every session.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.