Ohio Code § 703.372
Ohio Code § 703.372. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 703.372.
Except as expressly provided in sections 703.377 and 703.378 of the Revised Code , the township or townships into which the territory of a village is dissolved do
not assume the voted debts, obligations, or liabilities of the village. Unvoted debt serviced by property taxes levied within the ten-mill limitation shall
be assumed by the township or townships into which the territory of the village is
dissolved in proportion to the total assessed valuation of territory that each township
has within the former boundaries of the dissolved village as compared to the total
assessed valuation of all territory within the former boundaries of the dissolved
village. For the purpose of this section, the total assessed valuation of village territory
shall be determined based on the tax year in which the dissolution is effective.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 703.372
- 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 § 703.372?
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 § 703.372 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 § 703.372 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Statutes are amended, repealed, and renumbered every session.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.