Ohio Code § 747.12
Ohio Code § 747.12. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 747.12.
Whenever the board of rapid transit commissioners of a city declares by resolution
that real estate of the city acquired for rapid transit purposes is not needed for
the proper conduct and maintenance of such rapid transit system, such real estate
may be sold or leased by the board to the highest bidder after advertisement once
a week for three consecutive weeks in a newspaper of general circulation within the
city or as provided in section 7.16 of the Revised Code . The board may reject any bid and readvertise until all such property is sold or
leased. When the board has twice so offered to sell or lease such property, and it is not
sold or leased, the board may privately sell or lease it. Moneys arising from such sales or leases shall be deposited in the treasury of the
city to the credit of the board of rapid transit commissioners' fund, and may be expended
for the purchase, construction, improvement, maintenance, equipment, and enjoyment
of the city's rapid transit property, as such board directs. Contracts, leases, deeds, bills of sale, or other instruments in writing pertaining
to such sales or leases shall be executed on behalf of the city by the board, by its
president and secretary.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 747.12
- 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 § 747.12?
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 § 747.12 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 § 747.12 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Statutes are amended, repealed, and renumbered every session.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.