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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.

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Section 703.35 | Pending village dissolution.

...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 sha...

Section 703.36 | Post village dissolution.

...On the date the dissolution is effective, all of the following apply: (A) The village ceases to exist. (B) The corporate powers of the village cease. (C) The village officials cease to hold office. An official elected to start a term on or after the date the dissolution is effective shall not take office. (D) An issue voted on and scheduled to take effect on or after the date the dissolution is effective, oth...

Section 703.361 | Transition supervisory board.

...(A)(1) A transition supervisory board consists of the following three voting members: (a) The auditor of the county wherein a majority of the village territory was located; (b) A member of the board of county commissioners, selected by the board of county commissioners, of the county wherein a majority of the village territory was located; (c) The recorder of the county wherein a majority of the village territo...

Section 703.362 | Receiver-trustee.

...The receiver-trustee shall perform the following duties: (A) Resolve the outstanding debts, obligations, and liabilities of the dissolved village; (B) Approve necessary operations and budgetary functions of the dissolved village; (C) Settle or resolve any legal claims against the dissolved village existing on the date the dissolution is effective or brought within ninety days after the day the receiver-trustee ...

Section 703.37 | Transition period.

...During the transition period, all of the following apply: (A) The dissolved village's real and personal property shall be disposed of or transferred as provided under section 703.373 of the Revised Code. (B) The dissolved village's utility services shall be managed and transferred as provided under section 703.374 of the Revised Code. (C) The dissolved village's records shall be handled as provided under sectio...

Section 703.371 | Taxes and special assessments.

...(A) All taxes and special assessments levied by the legislative authority of the dissolved village, including taxes levied in accordance with Chapters 718. and 5745. of the Revised Code, shall continue to be collected after the date the dissolution is effective to the extent that the receiver-trustee determines that the revenue is needed to pay the outstanding debts, obligations, and liabilities of the village and ma...

Section 703.372 | Unvoted debt.

...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 prop...

Section 703.373 | Disposal of real and personal property.

...During the transition period, the dissolved village's real and personal property shall be disposed of by the receiver-trustee as follows: (A) The receiver-trustee shall dispose of the village's liquidable assets, as necessary, to use the proceeds to pay the outstanding debts, obligations, and liabilities of the dissolved village. (B) The receiver-trustee shall transfer real or personal property related to utility...

Section 703.374 | Utility services.

...During the transition period, the dissolved village's utility services, if any, shall be handled as follows: (A) The provision of utility services shall be uninterrupted. (B) The receiver-trustee shall manage the continued provision of the utility services until the responsibility is transferred under this section. (C) The receiver-trustee shall transfer management of the utility services, as appropriate, to a...

Section 703.375 | Public records.

...(A) During the transition period, the dissolved village's public records shall be handled as follows: (1) The receiver-trustee shall evaluate the dissolved village's records retention schedule to determine if it is viable for future responses to public records requests. If it is viable, the receiver-trustee shall follow the schedule in responding to requests. If it is not viable, the receiver-trustee, with assistan...

Section 703.376 | Community improvement corporation.

...(A) If the dissolved village designated a community improvement corporation as its agency for the purposes described in division (A)(1) of section 1724.10 of the Revised Code, one of the following shall occur during the transition period: (1) If the dissolving village is the only subdivision that designated the community improvement corporation as its agency, the community improvement corporation shall be dissolved...

Section 703.377 | Winding up affairs during transition period.

...(A) As used in this section: (1) "Participating political subdivision" and "special improvement district" have the same meanings as in section 1710.01 of the Revised Code. (2) "Appraised value" has the same meaning as in section 1710.13 of the Revised Code. (3) "Legislative authority" means the legislative authority of a municipal corporation or board of trustees of a township. (B) During the period when a di...

Section 703.378 | Assumption of rights and responsibilities.

...Notwithstanding any provision of the Revised Code to the contrary, a township into which property subject to service payments in lieu of taxes required under section 725.04, 5709.42, or 5709.46 of the Revised Code, or services charges in lieu of taxes required under section 1728.11 or 1728.111 of the Revised Code, is dissolved in accordance with sections 703.31 to 703.39 of the Revised Code shall assume all rights an...

Section 703.379 | Local government fund payments.

...(A) As used in this section, "local government fund payments" means payments a dissolved village would receive under sections 5747.503, 5747.51, and 5747.53, and division (C) of section 5747.50 of the Revised Code, as applicable, if not for the dissolution of the village. (B) A county budget commission of a county in which all or part of the former territory of the dissolved village is located shall exclude the dis...

Section 703.38 | Final audit.

...(A) On the date the transition period is over, the transition supervisory board shall notify the auditor of state and all entities affected by, or participating in, the dissolution that the transition period is over. (B) Not later than thirty days after receiving the notice required under division (A) of this section, the auditor of state shall commence a final audit or final agreed-upon procedure audit. The audito...

Section 703.39 | Claimants.

...Any potential claimant with a potential claim against the dissolving village shall bring the claim not later than ninety days after the day the receiver-trustee initially is appointed by the transition supervisory board. A claim brought after that date is invalid.