Ohio Code § 6123.16
Ohio Code § 6123.16. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 6123.16.
The exercise of the powers granted by Chapter 6123. of the Revised Code, 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 residential, agricultural,
recreational, economic, commercial, and industrial opportunities and is a public purpose. As the operation and maintenance of development projects will constitute the performance
of essential governmental functions, the Ohio water development authority shall not
be required to pay any taxes or assesments [ sic ] upon any development project, or upon any property acquired or used by the authority
under Chapter 6123. of the Revised Code, or upon the income therefrom, nor shall the
transfer to or from the Ohio water development authority of title or possession of
any development project, part thereof, or item included or to be included in any such
project, be subject to the taxes levied pursuant to Chapters 5739. and 5741. of the
Revised Code, and the 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 § 6123.16
- 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 § 6123.16?
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 § 6123.16 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 § 6123.16 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Statutes are amended, repealed, and renumbered every session.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.