Ohio Code § 5505.09
Ohio Code § 5505.09. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5505.09.
The boards and officers of the several taxing districts of the state in the issuance
and sale of evidences of indebtedness of their respective taxing districts, may offer
in writing at a fair market price, which price shall not be less than par and accrued
interest, to the state highway patrol retirement board, prior to advertising the same
for sale, all such issues as may not have been taken by the trustees of the sinking
fund of the taxing district issuing such evidences of indebtedness. The board shall, within ten days after the receipt of such written offer, either: (A) Accept the same and purchase such evidences of indebtedness, or any portion thereof,
at a fair market price, to be evidenced by a resolution of the board of officers of
the taxing district issuing such evidences of indebtedness, but at a price of not
less than par and accrued interest; (B) Reject such offer in writing.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5505.09
- 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 § 5505.09?
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 § 5505.09 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 § 5505.09 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Statutes are amended, repealed, and renumbered every session.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?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.