Ohio § 4905.481
Full text of Ohio Ohio Revised Code § 4905.481, with citation guidance and answers to common questions.
§ 4905.481.
With the consent and approval of the public utilities commission, a large water-works
or sewage disposal system company may purchase the property, plant, or business of
any municipal water-works or sewage disposal system company, as those companies are
defined in section 4909.051 of the Revised Code . A petition filed under this section may also seek approval of a certificate of public
convenience and necessity and the approval of an original cost valuation under section 4909.052 of the Revised Code . To obtain the consent and approval of the commission for such authority, a petition,
signed and verified by the president of the large water-works or sewage disposal system
company, clearly setting forth the object and purposes desired, and the terms and
conditions of the same, shall be filed with the commission. If the commission deems it necessary, it shall, upon the filing of such petition,
fix a time and place for a hearing. The commission shall approve any petition filed with the commission under this section
related to an acquisition described in section 4909.052 of the Revised Code , including a petition seeking the approval of a certificate of public convenience
and necessity, provided that a large water-works or sewage disposal system company
pursuant to section 4909.051 of the Revised Code sufficiently demonstrates, and the commission finds, that such petition is just and
reasonable. A petition filed under this section shall be deemed approved if the commission fails
to issue a final order not later than two hundred seventy days after the date the
initial petition is filed, unless the commission suspends review of the petition for
good cause shown.
Frequently Asked Questions About Ohio § 4905.481
What does Ohio Revised Code § 4905.481 cover?
Section 4905.481 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 § 4905.481?
A common citation format is "Ohio Revised Code § 4905.481" (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 § 4905.481 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.