2006 Ohio Revised Code - 5911.10. Lease or sale of vacant armory.

§ 5911.10. Lease or sale of vacant armory.
 

If any armory erected or purchased by the state becomes vacant because of the deactivation of the organizations quartered in that armory, the governor and the adjutant general may lease that armory for periods not to exceed one year; or, when authorized by an act of the general assembly, may sell that armory or lease it for a period of years. The proceeds from the sale or lease of such an armory shall be credited to the armory improvements fund, which is hereby created in the state treasury. 
 

HISTORY: GC § 5246; 107 v 382(395); 110 v 444; Bureau of Code Revision, 10-1-53; 145 v S 172. Eff 9-29-94.
 

The provisions of § 3 of SB 172 (145 v  - ) read as follows: 

SECTION 3. The Armory Improvements Fund created under section 5911.10 of the Revised Code is the same fund as Fund Number 534 745-612 created by the Controlling Board in 1971.