Ohio Rev. Code § 503.11

This is the official text of Ohio Rev. Code § 503.11, part of Ohio’s Ohio Revised Code — the complete compiled statutory law of Ohio, organized into 40+ numbered titles by subject.

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§ 503.11. Division of funds on hand, credits, and properties

Official statutory text

July 26, 1982 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

Status: in_force · Read it on the official government site

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