Ohio § 1545.28
Full text of Ohio Ohio Revised Code § 1545.28, with citation guidance and answers to common questions.
§ 1545.28.
The board of park commissioners may establish and maintain a replacement fund, and
for that purpose may set aside annually out of its revenue such sum as it may determine
necessary. In case of total or partial destruction of or injury to any of the property of the
park district from any cause, or in case it becomes necessary to demolish part or
to repair or replace the same, in whole or in part, because of the unfitness of such
property, such replacement fund may be used to rebuild on the original site or elsewhere,
or to restore, repair, or improve such property. Such replacement fund may be invested by such district in bonds of the United States,
the state, or of a county, municipal corporation, school district, or township of
this state, and when necessary for the purposes of such funds such securities may
be disposed of by such district.
Frequently Asked Questions About Ohio § 1545.28
What does Ohio Revised Code § 1545.28 cover?
Section 1545.28 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 § 1545.28?
A common citation format is "Ohio Revised Code § 1545.28" (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 § 1545.28 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.