Ohio § 4981.091
Full text of Ohio Ohio Revised Code § 4981.091, with citation guidance and answers to common questions.
§ 4981.091.
There is hereby created in the state treasury the federal rail fund. The fund shall consist of money received pursuant to section 4981.08 of the Revised Code and such other money as may be provided by law. The fund shall be used to acquire, rehabilitate, or develop rail property or service;
to participate in the acquisition of rail property with the federal government, municipal
corporations, townships, counties, or other governmental agencies; and to promote,
plan, design, construct, operate, and maintain passenger and freight rail transportation
systems. The fund also may be used to pay the administrative costs of the Ohio rail development
commission associated with conducting any authorized rail program, and for any purpose
authorized by sections 4981.03 and 5501.56 of the Revised Code . The fund shall not be used to provide loan guarantees. Investment earnings on moneys credited to the fund shall be retained by the fund. In acquiring rail property, the Ohio rail development commission may obtain acquisition
loans from the federal government or from any other source.
Frequently Asked Questions About Ohio § 4981.091
What does Ohio Revised Code § 4981.091 cover?
Section 4981.091 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 § 4981.091?
A common citation format is "Ohio Revised Code § 4981.091" (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 § 4981.091 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.