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Ohio Revised Code (Last Updated: January 27, 2016) |
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Title 49. XLIX PUBLIC UTILITIES |
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Chapter 4969. RAILROAD SALES; RAILROAD RECEIVERS |
Section 4969.04. Title vests in grantee
Latest version.
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The title to the property transferred, with the right to use, occupy, and enjoy it for all purposes proper in the construction, maintenance, and operation of a railroad thereon, shall pass to and vest in the grantee company, by the execution of the deed referred to by section 4969.01 of the Revised Code, to the same extent as the granting company might or could use, occupy, and enjoy it.
Effective Date: 10-01-1953