Ohio § 4961.30
Full text of Ohio Ohio Revised Code § 4961.30, with citation guidance and answers to common questions.
§ 4961.30.
A railroad company may lease or purchase any part or all of a railroad constructed,
or in the course of construction, by another company, if the lines of their railroads
are continuous or connected and not competing, on terms agreed upon between the companies. Railroads running or to be constructed to the tracks and property of a union depot
company or terminal company, the use of which is enjoyed by either such lessor or
lessee, or such vendor or purchaser, or to the tracks of another railroad over which
either said lessor or lessee, or vendor or purchaser, has the right to operate by
favor of a lease, or any trackage agreement, shall be held to be continuous or connected
under this section. After such purchase the purchasing company shall be vested with all the rights and
powers in respect to the location, construction, completion, and operation of such
railroad, and of branches thereto of the company from which it was purchased, including
the power to acquire and appropriate property for it, and be subject to all the duties,
obligations, and restrictions of such company. The powers conferred by this section may be exercised by any company organized in
this or any other state for the purpose of constructing, owning, and operating a line
of railroad, and whether such connection is at the boundary line of this state, or
at another place within or without this state.
Frequently Asked Questions About Ohio § 4961.30
What does Ohio Revised Code § 4961.30 cover?
Section 4961.30 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 § 4961.30?
A common citation format is "Ohio Revised Code § 4961.30" (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 § 4961.30 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.