Ohio § 5528.53 Highway capital improvement fund

Ohio Statutes

§ 5528.53 — Highway capital improvement fund

Ohio § 5528.53

Title 55Roads-Highways-Bridges

Ch. 5528State Highway Bonds

This text of Ohio § 5528.53 (Highway capital improvement fund) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 5528.53 (2026).

Text

The highway capital improvement fund is hereby created in the state treasury. The fund shall consist of the proceeds of obligations issued pursuant to section151.01and151.06of the Revised Code, and issued prior to September 30, 2000, pursuant to section5528.54of the Revised Code, except for amounts deposited into special funds, or into escrow funds for the purpose of refunding outstanding obligations. Money to the credit of this fund may be expended to pay costs of projects. All investment earnings of the fund shall be credited to the fund. The state may participate in financing projects by grants, loans, or contributions to local government entities. To the extent practicable, Ohio products, materials, services, and labor shall be used in any project financed in whole or in part from the 

Free access — add to your briefcase to read the full text and ask questions with AI

The highway capital improvement fund is hereby created in the state treasury. The fund shall consist of the proceeds of obligations issued pursuant to section151.01and151.06of the Revised Code, and issued prior to September 30, 2000, pursuant to section5528.54of the Revised Code, except for amounts deposited into special funds, or into escrow funds for the purpose of refunding outstanding obligations. Money to the credit of this fund may be expended to pay costs of projects. All investment earnings of the fund shall be credited to the fund. The state may participate in financing projects by grants, loans, or contributions to local government entities. To the extent practicable, Ohio products, materials, services, and labor shall be used in any project financed in whole or in part from the fund.