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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 5123.373 | Agreement to pay percentage of cost of acquisition.

Ohio Revised Code
/
Title 51 Public Welfare
/
Chapter 5123 Department Of Developmental Disabilities
 
Effective:
October 6, 2009
Latest Legislation:
Senate Bill 79 - 128th General Assembly
PDF:
Download Authenticated PDF
 

If, on or before the deadline or, if any, the last extended deadline established under section 5123.372 of the Revised Code for a county board of developmental disabilities or private, nonprofit agency, the county board or agency notifies the director of developmental disabilities that the county board or agency is ready to acquire the replacement facility, the director shall enter into an agreement with the county board or agency that provides for the director to pay to the county board or agency a percentage of the cost of acquiring the replacement facility. The agreement shall specify the amount that the director shall pay. The amount may be the amount of the security interest that the department of developmental disabilities had in the previous facility or a different amount. The agreement may provide for the department to hold a security interest in the replacement facility.

Available Versions of this Section