# Ohio Rev. Code § 505.03: Additional or new bond

> Ohio · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.03

## Section

- **Citation:** Ohio Rev. Code § 505.03
- **Heading:** Additional or new bond
- **Jurisdiction:** Ohio
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Ohio Revised Code / Title 5 / Chapter 505 / § 505.03

## Text

March 20, 2019 House Bill 291 - 132nd General Assembly Except as otherwise provided in section 3.061 of the Revised Code, whenever the judge deems it necessary, and on application of at least twelve freeholders of the township, the judge of the county or municipal court having jurisdiction in the township who approves the bond under section 505.02 of the Revised Code, may require additional security or the execution of a new bond. If a trustee fails, for ten days, to give additional security or execute a new bond after service of the notice in writing, the office shall be declared vacant and filled as required by section 503.24 of the Revised Code. The original bond or new bond shall be deposited with the township fiscal officer and recorded by the fiscal officer.

## Nearby sections

- [Ohio Rev. Code § 505.01 § 505.01. Board of township trustees - election and term](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.01.md)
- [Ohio Rev. Code § 505.02 § 505.02. Bond of township trustees](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.02.md)
- [Ohio Rev. Code § 505.03 § 505.03. Additional or new bond](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.03.md)
- [Ohio Rev. Code § 505.04 § 505.04. Annual inventory](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.04.md)
- [Ohio Rev. Code § 505.05 § 505.05. Program recognizing outstanding employee performance](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.05.md)
- [Ohio Rev. Code § 505.06 § 505.06. Abatement of building nuisances](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.06.md)
- [Ohio Rev. Code § 505.07 § 505.07. Settlement of court action - zoning issue subject to referendum](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.07.md)
- [Ohio Rev. Code § 505.08 § 505.08. Emergency contracts](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.08.md)
- [Ohio Rev. Code § 505.09 § 505.09. Duty of trustees at elections](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.09.md)
- [Ohio Rev. Code § 505.10 § 505.10. Acceptance and disposition of property](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.10.md)
- [Ohio Rev. Code § 505.011 § 505.011. Trustee may serve as volunteer fireman or policeman](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.011.md)
- [Ohio Rev. Code § 505.11 § 505.11. Leases of real property or mining rights in township](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.11.md)
- [Ohio Rev. Code § 505.12 § 505.12. Solid waste facilities](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.12.md)
- [Ohio Rev. Code § 505.012 § 505.012. Appointment or election of board member to district governing body](https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.012.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OH_T5_C505_S505.03. Check the current official text before relying on it. Not legal advice.