Ohio Code § 505.42
Ohio Code § 505.42. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 505.42.
The proceeds of bonds issued under section 505.40 of the Revised Code , other than any premium and accrued interest which is credited to the sinking fund,
shall be placed in the township treasury to the credit of a fund to be known as “the
fire equipment fund.” In the case of a joint fire district created under section 505.371 of the Revised Code , such proceeds shall be placed in the treasury of the joint fire district to the
credit of the joint fire district fire equipment fund. Such fund shall be paid out on the order of the board of township trustees or, in
the case of a joint fire district, the board of fire district trustees. Such board may enter into contracts for the purpose set forth in sections 505.37 to 505.42 of the Revised Code , subject to sections 731.14 to 731.16 of the Revised Code except as otherwise provided in sections 505.08 and 505.101 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 505.42
- 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 § 505.42?
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 § 505.42 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 § 505.42 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Statutes are amended, repealed, and renumbered every session.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.