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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 505.1010 | Purchase of property at auction.

Ohio Revised Code
/
Title 5 Townships
/
Chapter 505 Trustees
 
Effective:
September 29, 2015
Latest Legislation:
House Bill 64 - 131st General Assembly
PDF:
Download Authenticated PDF
 

A board of township trustees may purchase real or personal property at public auction by adopting a resolution to designate an individual, officer, or employee to represent the board and tender bids at the auction. Any purchase made at a public auction shall be subject to a maximum purchase price established by resolution of the board or an appraisal obtained before the auction and approved by the board of township trustees. A purchase made under this section shall comply with division (D) of section 5705.41 of the Revised Code.

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