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Current as of January 01, 2026 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Ohio Revised Code Title VII. Municipal Corporations § 703.362 - last updated January 01, 2026 | https://codes.findlaw.com/oh/title-vii-municipal-corporations/oh-rev-code-sect-703-362/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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