Ohio Rev. Code § 505.1010
This is the official text of Ohio Rev. Code § 505.1010, 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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§ 505.1010. Purchase of property at auction
Official statutory text
September 29, 2015 House Bill 64 - 131st General Assembly A board of township trustees may purchase real or personal property at public auction by adopting a resolution to designate an individual, officer, or employee to represent the board and tender bids at the auction. Any purchase made at a public auction shall be subject to a maximum purchase price established by resolution of the board or an appraisal obtained before the auction and approved by the board of township trustees. A purchase made under this section shall comply with division (D) of section 5705.41 of the Revised Code.
Status: in_force · Read it on the official government site
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