Ohio § 4501.031
Full text of Ohio Ohio Revised Code § 4501.031, with citation guidance and answers to common questions.
§ 4501.031.
All moneys received under section 4504.09 of the Revised Code shall be paid into the state treasury to the credit of the local motor vehicle license
tax fund, which is hereby created, for distribution in the manner provided for in
this chapter. The treasurer of state may invest any portion of the moneys credited to the fund
in the same manner and subject to all the laws governing the investment of state funds
by the treasurer of state. All investment earnings of the fund shall be credited to the fund. The registrar of motor vehicles shall open an account with each county and district
of registration in the state, and may assign each county and district a code for identification
purposes. The code for a county or district may be the same as the code assigned to the county
or district by the registrar under section 4501.03 of the Revised Code . Once each month the registrar shall prepare vouchers in favor of the county auditor
of each county levying a county motor vehicle license tax pursuant to section 4504.02 , 4504.15 , 4504.16 , or 4504.24 of the Revised Code and of each county in which is located one or more townships levying a township motor
vehicle license tax pursuant to section 4504.18 or 4504.181 of the Revised Code for the amount of the tax due the county or townships in the county. All moneys received by the registrar under section 4504.09 of the Revised Code shall be distributed to counties, townships, and municipal corporations within thirty
days of the expiration of the registration year. Necessary adjustments shall be made immediately out of funds available for distribution
for the following two registration years.
Frequently Asked Questions About Ohio § 4501.031
What does Ohio Revised Code § 4501.031 cover?
Section 4501.031 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 § 4501.031?
A common citation format is "Ohio Revised Code § 4501.031" (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 § 4501.031 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.