Ohio Code § 1555.04
Ohio Code § 1555.04. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1555.04.
(A) With respect to coal research and development projects financed wholly or partially
from a loan or loan guarantee under this chapter, the director of the Ohio coal development
office, in addition to other powers under this chapter, with the advice of the technical
advisory committee created in section 1551.35 of the Revised Code and the approval of the director of development, may enter into loan agreements,
accept notes and other forms of obligation to evidence such indebtedness and mortgages,
liens, pledges, assignments, or other security interests to secure such indebtedness,
which may be prior or subordinate to or on a parity with other indebtedness, obligations,
mortgages, pledges, assignments, other security interests, or liens or encumbrances,
and take such actions as the director of the office considers appropriate to protect
such security and safeguard against losses, including, without limitation, foreclosure
and the bidding upon and purchase of property upon foreclosure or other sale. (B) The authority granted by this section is cumulative and supplementary to all other
authority granted in this chapter. The authority granted by this section does not alter or impair any similar authority
granted elsewhere in this chapter with respect to other projects.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1555.04
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
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 § 1555.04?
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 § 1555.04 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 § 1555.04 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Statutes are amended, repealed, and renumbered every session.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.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.