Ohio § 5555.46
Full text of Ohio Ohio Revised Code § 5555.46, with citation guidance and answers to common questions.
§ 5555.46.
All assessments, with interest accrued on them, made under sections 5555.01 to 5555.72 of the Revised Code shall be placed by the county auditor upon a special duplicate to be collected as
taxes, and the principal of the assessments shall be payable in not more than forty
semiannual installments extending over a period of not more than twenty years, as
determined by the board of county commissioners. If any assessment is twenty-five dollars or less, or if the unpaid balance of any
assessment is twenty-five dollars or less, it shall be paid in full, and not in installments,
at the time the first or next installment would otherwise become due and payable. If public obligations are issued or incurred to pay the costs of the improvement,
the principal sum of the assessments shall be payable in a number of semiannual installments
that will provide a fund for the redemption of the public obligations so issued or
incurred. The assessments shall bear interest from the date of the issuance of the public
obligations and at the same rate or rates as the public obligations, and the interest
shall be collected in the same manner as the principal of the assessments.
Frequently Asked Questions About Ohio § 5555.46
What does Ohio Revised Code § 5555.46 cover?
Section 5555.46 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 § 5555.46?
A common citation format is "Ohio Revised Code § 5555.46" (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 § 5555.46 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.