Ohio § 2111.32 Royalty

Ohio Statutes

§ 2111.32 — Royalty

Ohio § 2111.32

Title 21Courts-Probate-Juvenile

Ch. 2111Guardians; Conservatorships

This text of Ohio § 2111.32 (Royalty) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 2111.32 (2026).

Text

If the lease made pursuant to court order, under section2111.31of the Revised Code is for the mining or removal of mineral or other substances on a royalty basis, within six months after the receipt of the first royalty under such lease the guardian shall report to the probate court the amount thereof and the court shall then fix a bond which will cover such royalty. At any time the court deems the bond insufficient to secure the royalty, it may increase such bond or require a new one.

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If the lease made pursuant to court order, under section2111.31of the Revised Code is for the mining or removal of mineral or other substances on a royalty basis, within six months after the receipt of the first royalty under such lease the guardian shall report to the probate court the amount thereof and the court shall then fix a bond which will cover such royalty. At any time the court deems the bond insufficient to secure the royalty, it may increase such bond or require a new one.