Ohio § 703.362

Full text of Ohio Ohio Revised Code § 703.362, with citation guidance and answers to common questions.

§ 703.362.

The receiver-trustee shall perform the following duties: (A) Resolve the outstanding debts, obligations, and liabilities of the dissolved village; (B) Approve necessary operations and budgetary functions of the dissolved village; (C) Settle or resolve any legal claims against the dissolved village existing on the

date the dissolution is effective or brought within ninety days after the day the

receiver-trustee initially is appointed by the transition supervisory board, as provided

under section 703.39 of the Revised Code ; (D) Administer and collect taxes and special assessments levied by the legislative authority

of the dissolved village in accordance with section 703.371 of the Revised Code during the transition period; (E) Wind down the involvement of the dissolved village in community improvement corporations,

special improvement districts, and tax increment financing arrangements as provided

in sections 703.376 , 703.377 , and 703.378 of the Revised Code ; (F) Dispose of or transfer the dissolved village's real and personal property as provided

in section 703.373 of the Revised Code ; (G) Manage the dissolved village's utility services until the utility services are transferred

under section 703.374 of the Revised Code ; (H) Manage the response to public records requests until the records are transferred

under section 703.375 of the Revised Code ; (I) Perform all other duties assigned to the receiver-trustee under sections 703.31 to 703.39 of the Revised Code or assigned to the transition supervisory board under those sections and delegated

by the board to the receiver-trustee; (J) Conduct all other necessary business of the dissolved village to conclude the village's

affairs.

Frequently Asked Questions About Ohio § 703.362

What does Ohio Revised Code § 703.362 cover?

Section 703.362 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 § 703.362?

A common citation format is "Ohio Revised Code § 703.362" (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 § 703.362 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.