{"data":{"id":"us-oh/ohio-rev.-code-523.05","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 523.05","heading":"Succession of interests.","body":"(A) A new township created under this chapter shall succeed to the following interests of each township merged:\n(1) All money, taxes, and special assessments, whether in the township treasury or in the process of collection;\n(2) All property and interests in property, whether real or personal;\n(3) All rights and interests in contracts, or in securities, bonds, notes, or other instruments;\n(4) All accounts receivable and rights of action;\n(5) All other matters not included in this section that are not addressed in the merger agreement.\n(B) A new township created under this chapter is legally obligated for all outstanding franchises, contracts, debts, and other legally binding obligations for each township merged into the new township. A new township created under this chapter is legally responsible for maintaining, defending, or otherwise resolving any and all legal claims or actions of each township merged into the new township.","path":["Title 5 Townships","Chapter 523 Merged Townships"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-523.05","current_through":"2011-09-29 (House Bill 153 - 129th General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:27Z","sha256":"14a7d3402bf3fdd031c920ec8f8c13814fdb6f953d043007656f76467c5a3430","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-523.04","next":"us-oh/ohio-rev.-code-523.06"},"notice":"GroundRules: Original legal text. Not legal advice."}