Ohio Code § 5705.198

Ohio Code § 5705.198. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 5705.198.

The taxing authority of a joint recreation district may levy a tax approved by the

electors for the purpose stated in division (H) of section 5705.19 of the Revised Code and for a continuing period of time, and in accordance with that section.  After the approval at any time of a levy for that purpose by vote, the taxing authority

of a joint recreation district may anticipate a fraction of the proceeds of that levy

and, from time to time during the life of the levy, issue anticipation notes.  The aggregate principal payments on all such anticipation notes to be made in any

calendar year shall not exceed fifty per cent of the anticipated proceeds from the

levy for that year, and no anticipation note shall mature later than the thirty-first

day of December of the fifth calendar year following the calendar year in which that

note is issued.  Such notes shall be issued as provided in section 133.24 of the Revised Code .

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 5705.198
  • 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 § 5705.198?

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 § 5705.198 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 § 5705.198 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Statutes are amended, repealed, and renumbered every session.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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