Ohio Code § 5705.16
Ohio Code § 5705.16. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5705.16.
A resolution of the taxing authority of any political subdivision shall be passed
by a majority of all the members thereof, declaring the necessity for the transfer
of funds authorized by section 5705.15 of the Revised Code , and such taxing authority shall submit to the tax commissioner a petition that includes
the name and amount of the fund, the fund to which it is desired to be transferred,
a copy of such resolution with a full statement of the proceedings pertaining to its
passage, and the reason or necessity for the transfer. The commissioner shall approve the transfer of such funds upon determining each
of the following: (A) The petition states sufficient facts; (B) That there are good reasons, or that a necessity exists, for the transfer; (C) No injury will result from the transfer of such funds. If the petition is disapproved by the commissioner, it shall be returned within thirty
days of its receipt to the officers who submitted it, with a memorandum of the commissioner's
objections, and the taxing authority shall not transfer the funds as requested by
the petition. This disapproval shall not prejudice a later application for approval. If the petition is approved by the commissioner, it shall be returned within thirty
days of its receipt to the officers who submitted it, and the taxing authority may
transfer the funds as requested by the petition.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5705.16
- 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 § 5705.16?
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 § 5705.16 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 § 5705.16 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.