Ohio Code § 761.10
Ohio Code § 761.10. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 761.10.
All rentals received under leases of a project made by the municipal corporation,
and all proceeds of the sale or other disposition of a project of the municipal corporation,
after paying the necessary expenses including expenses of maintenance and repair which
the municipal corporation is required to incur for a project owned by it shall be
placed in separate sinking funds to the extent provided in the ordinances of the municipal
corporation authorizing revenue bonds which are hereby pledged to and charged with
the payment of interest on, principal of and redemption premium on, the revenue bonds
issued by the municipal corporation to the extent provided in the ordinances authorizing
and the trust agreement securing such bonds. The moneys therein in excess of the amounts required by the bond ordinances and
trust agreements and all payments not so required to be paid into such sinking funds
shall be retained or placed in such fund or in the other fund provided for by section 761.11 of the Revised Code , as the municipal corporation shall determine, and shall be available for the uses
for which such funds are established. Provided, no project shall be sold by the municipal corporation until moneys are
available to retire the revenue bonds issued for such project.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 761.10
- 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 § 761.10?
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 § 761.10 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 § 761.10 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Statutes are amended, repealed, and renumbered every session.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.