Ohio Code § 4961.30

Ohio Code § 4961.30. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 4961.30.

A railroad company may lease or purchase any part or all of a railroad constructed,

or in the course of construction, by another company, if the lines of their railroads

are continuous or connected and not competing, on terms agreed upon between the companies.  Railroads running or to be constructed to the tracks and property of a union depot

company or terminal company, the use of which is enjoyed by either such lessor or

lessee, or such vendor or purchaser, or to the tracks of another railroad over which

either said lessor or lessee, or vendor or purchaser, has the right to operate by

favor of a lease, or any trackage agreement, shall be held to be continuous or connected

under this section.  After such purchase the purchasing company shall be vested with all the rights and

powers in respect to the location, construction, completion, and operation of such

railroad, and of branches thereto of the company from which it was purchased, including

the power to acquire and appropriate property for it, and be subject to all the duties,

obligations, and restrictions of such company.  The powers conferred by this section may be exercised by any company organized in

this or any other state for the purpose of constructing, owning, and operating a line

of railroad, and whether such connection is at the boundary line of this state, or

at another place within or without this state.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 4961.30
  • 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 § 4961.30?

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 § 4961.30 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 § 4961.30 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.