Ohio Admin. Code 3358:5-11-22 - Post-issuance compliance policy
Clark state community
college ("Clark State") uses bonds as one means of financing capital projects
in support of its mission. The purpose of the
""Post-Issuance Compliance Policy" is to promote
articulate
compliance with federal income tax and securities laws, as well as the
requirements set forth in the bond documents for each bond issue. The policy is
to strictly follow the U.S. Constitution and federal laws,
and the Ohio
Constitution and the Ohio Revised Code laws. For
purposes of this policy, the term "bonds" means any obligation of Clark state
incurred for the purpose of borrowing money, including, without limitation,
bonds, notes and certificates of participation in capital leases.
Notes
Promulgated Under: 111.15
Statutory Authority: 3358.
Rule Amplifies: 3358.
Prior Effective Dates: 03/18/2015, 10/23/2015
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