Ohio § 505.42
Full text of Ohio Ohio Revised Code § 505.42, with citation guidance and answers to common questions.
§ 505.42.
The proceeds of bonds issued under section 505.40 of the Revised Code , other than any premium and accrued interest which is credited to the sinking fund,
shall be placed in the township treasury to the credit of a fund to be known as “the
fire equipment fund.” In the case of a joint fire district created under section 505.371 of the Revised Code , such proceeds shall be placed in the treasury of the joint fire district to the
credit of the joint fire district fire equipment fund. Such fund shall be paid out on the order of the board of township trustees or, in
the case of a joint fire district, the board of fire district trustees. Such board may enter into contracts for the purpose set forth in sections 505.37 to 505.42 of the Revised Code , subject to sections 731.14 to 731.16 of the Revised Code except as otherwise provided in sections 505.08 and 505.101 of the Revised Code .
Frequently Asked Questions About Ohio § 505.42
What does Ohio Revised Code § 505.42 cover?
Section 505.42 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 § 505.42?
A common citation format is "Ohio Revised Code § 505.42" (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 § 505.42 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.