2025 Ohio Revised Code
Title 5 | Townships
Chapter 503 | General Provisions
Section 503.11 | Division of Funds on Hand, Credits, and Properties.

Universal Citation:
OH Rev Code § 503.11 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

Effective: July 26, 1982

Latest Legislation: House Bill 77 - 114th General Assembly

The board of county commissioners, upon entering an order erecting a new township under section 503.09 of the Revised Code, shall include in such order a proper division of the funds on hand, credits, and properties of the original township, between the new township and the municipal corporation eliminated from the township, on the basis of the respective tax duplicates subject to levy for the creation of such funds or credits, or subject to taxation for the creation of the fund from which the property was acquired.

Last updated March 24, 2022 at 8:24 AM

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