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Current as of January 01, 2024 | Updated by Findlaw Staff
The earnings of a railroad in the hands of a receiver, and all other money which comes into his hands as receiver, shall be applied first to pay:
(A) Costs and expenses of the suit in which he was appointed;
(B) The expenses of operating and managing the railroad, including materials and supplies procured by him for it;
(C) The liabilities incurred by him in such operation and management.
Judgments recovered against a receiver for injuries to person or property, for wages of employees, for work done, or for materials furnished while he is operating or managing the railroad, shall be a lien on the funds in his hands as receiver, but shall affect him only in his trust capacity and not individually.
Cite this article: FindLaw.com - Ohio Revised Code Title XLIX. Public Utilities § 4969.09 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xlix-public-utilities/oh-rev-code-sect-4969-09/
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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