Ohio Code § 1545.211
Ohio Code § 1545.211. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1545.211.
In addition to the authority conferred by section 1545.21 of the Revised Code , in anticipation of the collection of current revenues in and for any fiscal year,
the board of park commissioners may borrow money and issue notes therefor in anticipation
of the receipt of taxes for debt charges or current expenses to the extent necessary
to meet such charges or expenses, but not in excess of the estimated receipts for
the current tax year, less all advances. The sums so anticipated shall be deemed appropriated for the payment of such notes
at maturity. The notes shall not run more than one year, nor bear interest at a rate exceeding
the rate provided in section 9.95 of the Revised Code , and the proceeds therefrom shall be used only for the purposes for which the anticipated
taxes were levied. No board shall borrow money or issue notes in anticipation of such taxes before
the first day of January of the year of such tax receipts.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1545.211
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1545.211?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1545.211 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1545.211 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
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