Ohio Revised Code Title XLV. Motor Vehicles Aeronautics Watercraft § 4561.27

(1) Sell the derelict aircraft at public auction;

(2) Dispose of the derelict aircraft through an aircraft salvage or scrap metal dealer.

(B)(1) If the director elects to sell the derelict aircraft at public auction, the director shall give notice of the date, time, and place of the sale not less than ten calendar days prior to the date of the sale in a written publication of general circulation in the county where the airport is located.  The director may provide written notice of the intended sale to any person known to have an interest in purchasing the derelict aircraft.

(2) If the director elects to dispose of the derelict aircraft through an aircraft salvage or scrap metal dealer, the director may negotiate with the dealer for the price to be received or paid by the director, as the circumstances warrant.  All information pertaining to the establishment of the price and justification for the price shall be prepared and maintained by the director, and the negotiated price shall be considered a commercially reasonable price.

(C)(1) If the sale price or the negotiated price under division (B)(1) or (2) of this section is less than the accrued fees and charges against the derelict aircraft or the director is required to pay the aircraft salvage or scrap metal dealer for its services, the prior owner of the derelict aircraft is liable to the airport for both of the following:

(2) If the sale price or the negotiated price under division (B)(1) or (2) of this section is more than the accrued fees and charges against the aircraft, the director shall pay the excess proceeds to the following individuals, as applicable: