As used in sections 4909.052 to 4909.055 of the Revised Code:

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Ohio Code 4909.051

  • 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.

“Large water-works or sewage disposal system company” means a water-works or sewage disposal system company that has annual operating revenues of two hundred fifty thousand dollars or more.

“Municipal water-works or sewage disposal system company” means any water-works or sewage disposal system company owned or operated by a political subdivision defined in section 6119.011 of the Revised Code or by a municipal corporation.