Ohio § 5705.198
Full text of Ohio Ohio Revised Code § 5705.198, with citation guidance and answers to common questions.
§ 5705.198.
The taxing authority of a joint recreation district may levy a tax approved by the
electors for the purpose stated in division (H) of section 5705.19 of the Revised Code and for a continuing period of time, and in accordance with that section. After the approval at any time of a levy for that purpose by vote, the taxing authority
of a joint recreation district may anticipate a fraction of the proceeds of that levy
and, from time to time during the life of the levy, issue anticipation notes. The aggregate principal payments on all such anticipation notes to be made in any
calendar year shall not exceed fifty per cent of the anticipated proceeds from the
levy for that year, and no anticipation note shall mature later than the thirty-first
day of December of the fifth calendar year following the calendar year in which that
note is issued. Such notes shall be issued as provided in section 133.24 of the Revised Code .
Frequently Asked Questions About Ohio § 5705.198
What does Ohio Revised Code § 5705.198 cover?
Section 5705.198 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5705.198?
A common citation format is "Ohio Revised Code § 5705.198" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5705.198 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.