Ohio § 6115.47
Full text of Ohio Ohio Revised Code § 6115.47, with citation guidance and answers to common questions.
§ 6115.47.
In order to facilitate the preliminary work, the board of directors of a sanitary
district may borrow money at a rate of interest not exceeding six per cent per annum;
may issue and sell or pay to contractors or others negotiable warrants signed by
the members of the board; and may pledge, after it has been levied, the preliminary
tax of not exceeding three tenths of a mill for the repayment thereof. If any warrant issued by the board is presented for payment and is not paid for
want of funds in the treasury, that fact with the date of refusal shall be indorsed
on the back of such warrant, and said warrant shall thereafter draw interest at the
rate of six per cent until such time as there is money on hand sufficient to pay the
amount of said warrant with interest.
Frequently Asked Questions About Ohio § 6115.47
What does Ohio Revised Code § 6115.47 cover?
Section 6115.47 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 § 6115.47?
A common citation format is "Ohio Revised Code § 6115.47" (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 § 6115.47 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.