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Current as of January 01, 2024 | Updated by Findlaw Staff
Upon the approval by the mayor of a municipal corporation of the appointment of an agent under section 1717.06 of the Revised Code, the legislative authority of such municipal corporation shall pay monthly to such agent, from the general revenue fund of the municipal corporation, the salary that the legislative authority considers just and reasonable. Upon the approval by the probate judge of a county of such an appointment, the board of county commissioners of the county shall pay monthly to the agent, from the general fund of the county, or from the dog and kennel fund of the county, the salary that the board considers just and reasonable. Such board and such legislative authority may agree upon the amount each is to pay the agent monthly. The salary to be paid monthly to the agent by the legislative authority of a village shall be not less than twenty-five dollars; by the legislative authority of a city, not less than one hundred twenty-five dollars; and by the board of county commissioners of a county, not less than one hundred fifty dollars. Beginning January 1, 2020, and on the first day of January every five years thereafter, these minimum salary amounts shall increase by five dollars. Not more than one such agent in each county shall receive remuneration from the board under this section.
Cite this article: FindLaw.com - Ohio Revised Code Title XVII. Corporations Partnerships § 1717.07 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xvii-corporations-partnerships/oh-rev-code-sect-1717-07/
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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