Ohio Code § 4981.09
Ohio Code § 4981.09. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 4981.09.
There is hereby created in the state treasury the rail development fund. The fund shall consist of such moneys as may be provided by law, including moneys
received from the sale, transfer, or lease of any rail property pursuant to section 4981.08 of the Revised Code . Moneys in the fund shall be used for the purpose of acquiring, rehabilitating, or
developing rail property or service, or for participation in the acquisition of rail
property with the federal government, municipal corporations, townships, counties,
or other governmental agencies. For the purpose of acquiring such rail property, the Ohio rail development commission
may obtain acquisition loans from the federal government or from any other source. The fund shall also be used to promote, plan, design, construct, operate, and maintain
passenger and freight rail transportation systems, and may be used to pay the administrative
costs of the Ohio rail development commission associated with conducting any authorized
rail program, and for any purpose authorized by sections 4981.03 and 5501.56 of the Revised Code . The fund shall not be used to provide loan guarantees.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 4981.09
- 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 § 4981.09?
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 § 4981.09 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 § 4981.09 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Statutes are amended, repealed, and renumbered every session.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?
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