Board of Commissioners of the Sinking Fund - General Provisions - Bond resolutions.


Published: 1974-06-07

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All bonds designated Vietnam Conflict Compensation Bonds, or notes issued in anticipation thereof shall be authorized pursuant to a Resolution duly adopted by The Commissioners of the Sinking Fund of the State of Ohio. Upon delivery of bonds or notes to a purchaser for value, said Resolution and bonds shall constitute a contract by and between the State of Ohio and the holder of said bond, entitled to all the rights, duties, privileges and immunities afforded by the Constitution and laws of the United States of America. Any provision of these rules notwithstanding, the terms or provisions of a bond resolution shall prevail over these rules in the event of any ambiguity or conflict between said bond resolution and these rules.