Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
On the return of the officer or other person making a sale referred to in section 4971.09 of the Revised Code, before confirming such sale and ordering distribution of the funds arising from it, the court shall retain in its custody or under its control a sufficiency of such proceeds, applicable to distribution to the claimants under the liens of the mortgage or deed of trust, to satisfy any judgment which may be recovered in the action provided for in section 4971.08 of the Revised Code.
Structure Ohio Revised Code
Chapter 4971 | Reorganization of Railroads
Section 4971.01 | Proceedings for Reorganization.
Section 4971.02 | Meeting of Creditors - Proceedings.
Section 4971.03 | Certificate to Be Filed.
Section 4971.04 | Powers of New Company.
Section 4971.05 | Property of New Company.
Section 4971.06 | Issue of Stock or Securities.
Section 4971.07 | Lien of Mortgages.
Section 4971.08 | Lien for Labor Performed.
Section 4971.09 | Enforcement of Lien.
Section 4971.10 | Court to Retain Amount of Lien.
Section 4971.11 | Action to Satisfy Judgment.
Section 4971.12 | Provisions Applicable to Certain Other Companies.
Section 4971.13 | Mortgaged Property May Be Sold Without Appraisement.
Section 4971.14 | Creditors May Agree on Capitalization - Notice.
Section 4971.15 | Stocks or Bonds Held in a Fiduciary Capacity.
Section 4971.16 | Rights of Creditors Who Do Not Sign Agreement.
Section 4971.17 | Court to Make Order as to Costs.