Ohio Code 307.042 – Contracts to regulate utility rates of users of municipal utility
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Unless provided for by contract between a county and a municipal corporation, a county may not regulate the utility rates of users of a municipal utility.
Terms Used In Ohio Code 307.042
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.