Ohio Rev. Code § 122.59
Proceedings in default.
Ohio · Chapter 122 | Department of Development · Status: effective
Cite this
- Citation
- Ohio Rev. Code § 122.59, Proceedings in default, Ohio, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1163658
- Permanent ID
ys:prov:1163658@1- SHA-256
c483cb8ffa7a1b218c01fae579cea57d65776faf751da1d7b3209edc55830efb
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
In the event of a default with respect to any loan or lease, the director of development shall take such action as the director deems proper in the circumstances to enforce and protect the rights of the director, and such action as may be required by the provisions of any proceedings authorizing the revenue bonds or of any trust agreement securing such bonds, which may include any appropriate action at law or in equity, enforcement or waiver of any provision of any mortgage or security agreement or lease, or reinstatement of any forfeited or cancelled right, title, or privilege. Last updated July 29, 2025 at 1:52 PM