Ohio § 4961.36
Full text of Ohio Ohio Revised Code § 4961.36, with citation guidance and answers to common questions.
§ 4961.36.
No railroad company shall lease its road or any part thereof to another company, whether
of this or any other state, unless the lessor receives full and adequate security
for the payment of the rental and for the preservation of its property in as good
condition as on entering into possession of such property. If the lessee fails to pay such rental promptly when due, such lease shall be void
at the option of the lessor. The company to whom a railroad is leased, if a corporation of any other state, shall
be subject to all the restrictions, disabilities, and duties of a railroad company
incorporated within this state.
Frequently Asked Questions About Ohio § 4961.36
What does Ohio Revised Code § 4961.36 cover?
Section 4961.36 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 § 4961.36?
A common citation format is "Ohio Revised Code § 4961.36" (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 § 4961.36 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.