Ohio § 4981.21 Special assessment installments

Ohio Statutes

§ 4981.21 — Special assessment installments

Ohio § 4981.21

Title 49Public Utilities

Ch. 4981Rail Development Commission

This text of Ohio § 4981.21 (Special assessment installments) 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. § 4981.21 (2026).

Text

When a special assessment is made on real property owned by the Ohio rail development commission and leased under authority of sections4981.11to4981.26of the Revised Code, the installments of the assessment shall be paid by the lessee of such real property so long as such property is leased and any installment thereof remaining unpaid at the termination of any such lease shall thereafter be paid by the issuer so long as such property is owned by it.

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When a special assessment is made on real property owned by the Ohio rail development commission and leased under authority of sections4981.11to4981.26of the Revised Code, the installments of the assessment shall be paid by the lessee of such real property so long as such property is leased and any installment thereof remaining unpaid at the termination of any such lease shall thereafter be paid by the issuer so long as such property is owned by it.