Ohio Code § 4961.36

Ohio Code § 4961.36. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 4961.36.

No railroad company shall lease its road or any part thereof to another company, whether

of this or any other state, unless the lessor receives full and adequate security

for the payment of the rental and for the preservation of its property in as good

condition as on entering into possession of such property.  If the lessee fails to pay such rental promptly when due, such lease shall be void

at the option of the lessor.  The company to whom a railroad is leased, if a corporation of any other state, shall

be subject to all the restrictions, disabilities, and duties of a railroad company

incorporated within this state.

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

At a glance

  • Citation: Ohio Revised Code § 4961.36
  • 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 § 4961.36?

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 § 4961.36 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 § 4961.36 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Statutes are amended, repealed, and renumbered every session.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.

Nearby provisions in Ohio