Section 703.35 | Pending village dissolution.
Effective:
April 30, 2024
Latest Legislation:
House Bill 101 - 135th General Assembly
During the period when a dissolution is in question, both of the following apply:
(A) The legislative authority of the village shall not create any new debts, obligations, or liabilities except to the extent the debt, obligation, or liability is necessary in connection with the continued provision of the village's utilities consistent with prudent utility practice.
(B) The legislative authority of the village shall select an official or employee of the village who is knowledgeable on village matters to serve as a representative during a dissolution, should one occur, as specified under section 703.361 of the Revised Code.
Last updated February 12, 2024 at 5:32 PM
Available Versions of this Section
- April 30, 2024 – Enacted by House Bill 101 - 135th General Assembly [ View April 30, 2024 Version ]