Ohio Rev. Code § 122.156
Written opinion.
Ohio · Chapter 122 | Department of Development · Status: effective
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- Citation
- Ohio Rev. Code § 122.156, Written opinion, Ohio, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1163556
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Full text
A rural business growth fund, before investing in a business, may request a written opinion from the department of development as to whether the business qualifies as a rural business concern based on the criteria prescribed by section 122.15 of the Revised Code. The request shall be submitted in a form prescribed by rule of the agency. The agency shall issue a written opinion to the fund within thirty business days of receiving such a request. Notwithstanding division (J) of section 122.15 of the Revised Code, if the agency determines that the business qualifies as a rural business concern or if the agency fails to timely issue the written opinion as required under this section, the business shall be considered a rural business concern for the purposes of sections 122.15 to 122.156 of the Revised Code. Last updated October 21, 2025 at 10:51 AM