Ohio Code § 4981.25
Ohio Code § 4981.25. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 4981.25.
In accordance with Section 13 of Article VIII, Ohio Constitution , the state, acting through the Ohio rail development commission, for the purpose
of implementing rail service, may by resolution designate a corporation organized
under Chapter 1702. or 1724. of the Revised Code as its agency to acquire, construct,
reconstruct, enlarge, improve, furnish, or equip and to sell, lease, exchange, or
otherwise dispose of property and facilities within the state for industry, commerce,
distribution, and research; may approve such corporation and obligations of the corporation
issued by it for one or more such purposes; and may have a beneficial interest in
such corporation including the right to the property financed by such obligations
on the retirement of such obligations, or by acquiring such property for endowment
or similar uses or benefits or for ultimate direct use by it, subject to any lease
or mortgage securing such obligations.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 4981.25
- 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 § 4981.25?
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 § 4981.25 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 § 4981.25 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Statutes are amended, repealed, and renumbered every session.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.