Ohio Administrative Code
Title 3358:5 - Clark State College
Chapter 3358:5-11 - College Policies on Expenditures, Technology In General
Section 3358:5-11-22 - Post-issuance compliance policy

Clark state college ("Clark State") uses bonds as one means of financing capital projects in support of its mission. The "Post-Issuance Compliance Policy" is to 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, 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.