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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 122.173 | Grant against tax for new manufacturing machinery purchase.

...o generates the electricity. (3)(a) "Purchase" has the same meaning as in section 179(d)(2) of the Internal Revenue Code. (b) For purposes of this section, any property that is not manufactured or assembled primarily by the taxpayer is considered purchased at the time the agreement to acquire the property becomes binding. Any property that is manufactured or assembled primarily by the taxpayer is considered pur...

Section 123.01 | Powers and duties.

...f a state agency; (2) To acquire, by purchase, gift, devise, lease, or grant, all real estate required by a state agency, in the exercise of which power the department may exercise the power of eminent domain, in the manner provided by sections 163.01 to 163.22 of the Revised Code; (3) To erect, supervise, and maintain all public monuments and memorials erected by the state, except where the supervision and mai...

Section 125.035 | Requisite procurement programs.

...Revised Code, a state agency wanting to purchase supplies or services shall make the purchase subject to the requirements of an applicable first or second requisite procurement program described in this section, or obtain a determination from the department of administrative services that the purchase is not subject to a first or second requisite procurement program. State agencies shall submit a purchase request to ...

Section 125.04 | Determining what supplies and services are purchased by or for state agencies.

...hich the department has entered for the purchase of supplies and services. The department may charge the entity a reasonable fee to cover the administrative costs the department incurs as a result of participation by the entity in such a purchase contract. A political subdivision desiring to participate in such purchase contracts shall file with the department a certified copy of an ordinance or resolution of the l...

Section 125.05 | Competitive selection.

...No state agency shall purchase any supplies or services except as provided in this section and section 127.16 of the Revised Code. When exercising direct purchasing authority the agency shall utilize a selection process that complies with all applicable laws, rules, or regulations of the department of administrative services. (A) A state agency may, without competitive selection, make any purchase of supplies or s...

Section 125.081 | Setting aside purchases selected for competition only by minority business enterprises.

...(A) From the purchases that the department of administrative services is required by law to make through competitive selection, the director of administrative services shall select a number of such purchases, the aggregate value of which equals approximately fifteen per cent of the estimated total value of all such purchases to be made in the current fiscal year. The director shall set aside the purchases selected fo...

Section 127.16 | Purchasing by competitive selection.

...lling board may approve the making of a purchase without competitive selection as provided in division (B) of this section. (B) Except as otherwise provided in this section, no state agency, using money that has been appropriated to it directly, shall: (1) Make any purchase from a particular supplier, that would amount to fifty thousand dollars or more when combined with both the amount of all disbursements to ...

Section 1309.103 | Purchase-money security interest - application of payments - burden of establishing - UCC 9-103.

...(A) As used in this section: (1) "Purchase-money collateral" means goods or software that secures a purchase-money obligation incurred with respect to that collateral; and (2) "Purchase-money obligation" means an obligation of an obligor incurred as all or part of the price of the collateral or for value given to enable the debtor to acquire rights in or the use of the collateral if the value is in fact so used. (...

Section 1309.324 | Priority of purchase-money security interests - UCC 9-324.

...vision (G) of this section, a perfected purchase money security interest in goods other than inventory or livestock has priority over a conflicting security interest in the same goods, and, except as otherwise provided in section 1309.327 of the Revised Code, a perfected security interest in its identifiable proceeds also has priority, if the purchase money security interest is perfected when the debtor receives poss...

Section 1311.011 | Liens for home construction work.

...wner, part owner, or lessee. (2) "Home purchase contract" means a contract for the purchase of any single- or double-family dwelling or residential unit of a condominium property that has been subjected to the provisions of Chapter 5311. of the Revised Code if the purchaser uses or intends to use the dwelling, a unit of a double dwelling, or the condominium unit as the purchaser's personal residence. (3) "Lend...

Section 135.35 | County inactive moneys.

... in the highest category at the time of purchase by at least one nationally recognized statistical rating organization or consisting exclusively of obligations described in division (A)(1), (2), or (6) of section 135.143 of the Revised Code and repurchase agreements secured by such obligations, provided that investments in securities described in this division are made only through eligible institutions mentioned in ...

Section 145.301 | Purchasing military service credit.

... the Revised Code. (B)(1) A member may purchase service credit that shall be considered as the equivalent of Ohio service for each year or portion of a year of service incurred by reason of having been on active duty as a member of the armed forces of the United States, as defined in section 145.30 of the Revised Code. (2) On presentation of documentation of the service and subject to public employees retireme...

Section 1707.01 | Securities definitions.

...t certificates, warrants and options to purchase securities, subscription rights, interim receipts, interim certificates, promissory notes, all forms of commercial paper, evidences of indebtedness, bonds, debentures, land trust certificates, fee certificates, leasehold certificates, syndicate certificates, endowment certificates, interests in or under profit-sharing or participation agreements, interests in or under ...

Section 1707.03 | Exempt transactions.

...ersion right with, or on account of the purchase of, any security that is exempt, is the subject matter of an exempt transaction, has been registered by description, by coordination, or by qualification, or is the subject matter of a transaction that has been registered by description is exempt. (2) The giving of any subscription right, warrant, or option to purchase a security or right to receive a security upon e...

Section 2307.97 | Cumulative successor asbestos-related liabilities of corporation.

...esult of or in connection with an asset purchase, stock purchase, merger, consolidation, or agreement providing for an asset purchase, stock purchase, merger, or consolidation, including a plan of merger. (ii) The liabilities were imposed by court order on a successor. (b) "Successor asbestos-related liabilities" includes any liabilities described in division (A)(5)(a)(i) of this section that, after the effective d...

Section 307.86 | Competitive bidding required - exceptions.

...Anything to be purchased, leased, leased with an option or agreement to purchase, or constructed, including, but not limited to, any product, structure, construction, reconstruction, improvement, maintenance, repair, or service, except the services of an accountant, architect, attorney at law, physician, professional engineer, construction project manager, consultant, surveyor, or appraiser, by or on behalf of the co...

Section 3307.751 | Purchasing military service credit.

...g in the STRS defined benefit plan may purchase service credit under section 3307.70 of the Revised Code for each year or portion of a year of service incurred by reason of having been on active duty as a member of the armed forces of the United States, as defined in section 3307.75 of the Revised Code. (2) As used in division (A)(2) of this section, "reserves" means a reserve component of any of the armed f...

Section 3309.021 | Purchasing military service credit.

...(A)(1) A member may purchase service credit that shall be considered as the equivalent of Ohio service for each year or portion of a year of service incurred by reason of having been on active duty as a member of the armed forces of the United States, as defined in section 3309.02 of the Revised Code. (2) As used in division (A)(2) of this section, "reserves" means a reserve component of any of the armed forces of t...

Section 3313.37 | Powers regarding school buildings and facilities; educational service centers; acquisition of property and equipment.

...and furnish the necessary schoolhouses, purchase or lease sites therefor, or rights-of-way thereto, or purchase or lease real estate to be used as playgrounds for children or rent suitable schoolrooms, either within or without the district, and provide the necessary apparatus and make all other necessary provisions for the schools under its control. (2) A governing board of an educational service center may acquir...

Section 3907.14 | Investment of capital, surplus, and accumulations.

...ed in its operations; (4) Which it has purchased at sales under mortgages and on any legal process in connection with its investments or under decrees obtained or made for such debts; (5) Which is acquired, owned, or held for the purpose of developing, improving, or otherwise utilizing such real estate for the production of income, without restriction or limitation as to time, and may acquire, lease, hold, and...

Section 3960.07 | Requirements of purchasing group for transacting business.

...ce that the purchasing group intends to purchase and specifies the method by which and the person or persons, if any, through whom insurance will be offered to its members whose risks are resident or located in this state; (c) Identifies the name and domicile of the insurance company from which the purchasing group intends to purchase its insurance; (d) Identifies the principal place of business of the purchasing...

Section 4737.04 | Scrap metal and merchandise container dealers; exertion of control over certain articles; record keeping.

...e owner or operator of a business that purchases or receives scrap metal for the purpose of sorting, grading, and shipping metals to third parties for direct or indirect melting into new products. (2) "Special purchase article" means all of the following: (a) Beer kegs; (b) Cable, wire, electrical components, and other equipment used in providing cable service or any utility service, including, but not limite...

Section 4737.041 | Special purchase articles and bulk merchandise containers.

...following with respect to each special purchase article the scrap metal dealer purchases or receives or with respect to each bulk merchandise container a bulk merchandise container dealer purchases or receives that is subject to division (A) of section 4737.012 of the Revised Code: (A) Comply with the requirements of this section in addition to complying with the applicable requirements of section 4737.012 or...

Section 4905.302 | Purchased gas adjustment clause.

...the purpose of this section, the term "purchased gas adjustment clause" means: (a) A provision in a schedule of a gas company or natural gas company that requires or allows the company to, without adherence to section 4909.18 or 4909.19 of the Revised Code, adjust the rates that it charges to its customers in accordance with any fluctuation in the cost to the company of obtaining the gas that it sells, that h...

Section 5301.691 | Director of agriculture purchase of agricultural easements.

...s credited to the agricultural easement purchase fund created in section 901.21 of the Revised Code, may purchase agricultural easements in the name of the state. (2) Not less than thirty days prior to the acquisition of an agricultural easement under division (A)(1) of this section or the extinguishment of such an easement purchased under that division, the director shall provide written notice of the intention to ...