Ohio Const. art. XII, § 11
- Constitution
- Constitution of Ohio
- Text as of
- October 2026
What does this section say?
No bonded indebtedness of the state, or any political subdivisions thereof, shall be incurred or renewed unless, in the legislation under which such indebtedness is incurred or renewed, provision is made for levying and collecting annually by taxation an amount sufficient to pay the interest on said bonds, and to provide a sinking fund for their final redemption at maturity. Effective: January 1, 1913
The text is copied from the official source: codes.ohio.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.