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2018 Ohio Revised Code
Title [49] XLIX PUBLIC UTILITIES
Chapter 4971 - REORGANIZATION OF RAILROADS
Section 4971.13 - Mortgaged property may be sold without appraisement.
Universal Citation: Ohio Rev Code § 4971.13 (2018)
Railroads and other property mortgaged by a reorganized railroad company, if the court deems it expedient, may be sold without appraisement, at judicial sales under judgments upon such mortgage but the court shall fix a minimum sum below which no sale shall be made. To fix that amount, the court may refer the subject to a master with instructions to take testimony and report the sum.
Effective Date: 10-01-1953 .
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