As Reported by the Committee of Conference

130th General Assembly Regular Session 2013-2014

Sub. H. B. No. 9

Representative Stautberg 

Cosponsors: Representatives Celebrezze, Hayes, Letson, Pillich, Winburn, Adams, J., Adams, R., Antonio, Barborak, Beck, Blair, Boose, Brown, Buchy, Budish, Burkley, Butler, Carney, Damschroder, Derickson, Duffey, Foley, Green, Hackett, McClain, Milkovich, O'Brien, Patterson, Pelanda, Perales, Rogers, Romanchuk, Rosenberger, Schuring, Sears, Slaby, Slesnick, Smith, Sprague, Szollosi Speaker Batchelder 

Senator Coley 

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A BILL

To amend sections 317.08, 2333.22, 2715.21, 2735.01,

1

2735.02, 2735.04, and 5301.09 of the Revised Code

2

to add to and clarify the powers of a receiver, to

3

provide a procedure for a receiver's sale of

4

property, to specify that a lease of natural gas

5

and petroleum is an interest in real estate, and

6

to establish a Study Committee on Receivership

7

Laws to study matters related to receiverships and

8

payment of public utility services.

9

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:

Section 1. That sections 317.08, 2333.22, 2715.21, 2735.01,	10
2735.02, 2735.04, and 5301.09 of the Revised Code be amended to	11
read as follows:	12

Sec. 317.08. (A) Except as provided in divisions (C), (D),	13
and (E) of this section, the county recorder shall keep six	14
separate sets of records as follows:	15

(1) A record of deeds, in which shall be recorded all deeds	16
and other instruments of writing for the absolute and	17
unconditional sale or conveyance of lands, tenements, and	18
hereditaments; all notices as provided in sections 5301.47 to	19
5301.56 of the Revised Code; all judgments or decrees in actions	20
brought under section 5303.01 of the Revised Code; all	21
declarations and bylaws, and all amendments to declarations and	22
bylaws, as provided in Chapter 5311. of the Revised Code;	23
affidavits as provided in sections 5301.252 and 5301.56 of the	24
Revised Code; all certificates as provided in section 5311.17 of	25
the Revised Code; all articles dedicating archaeological preserves	26
accepted by the director of the Ohio historical society under	27
section 149.52 of the Revised Code; all articles dedicating nature	28
preserves accepted by the director of natural resources under	29
section 1517.05 of the Revised Code; all conveyances of	30
conservation easements and agricultural easements under section	31
5301.68 of the Revised Code; all instruments extinguishing	32
agricultural easements under section 901.21 or 5301.691 of the	33
Revised Code or pursuant to terms of such an easement granted to a	34
charitable organization under section 5301.68 of the Revised Code;	35
all instruments or orders described in division (B)(2)(b) of	36
section 5301.56 of the Revised Code; all no further action letters	37
issued under section 122.654 or 3746.11 of the Revised Code; all	38
covenants not to sue issued under section 3746.12 of the Revised	39
Code, including all covenants not to sue issued pursuant to	40
section 122.654 of the Revised Code; any restrictions on the use	41
of property contained in a no further action letter issued under	42
section 122.654 of the Revised Code, any restrictions on the use	43
of property identified pursuant to division (C)(3)(a) of section	44
3746.10 of the Revised Code, and any restrictions on the use of	45
property contained in a deed or other instrument as provided in	46
division (E) or (F) of section 3737.882 of the Revised Code; any	47
easement executed or granted under section 3734.22, 3734.24,	48
3734.25, or 3734.26 of the Revised Code; any environmental	49
covenant entered into in accordance with sections 5301.80 to	50
5301.92 of the Revised Code; all memoranda of trust, as described	51
in division (A) of section 5301.255 of the Revised Code, that	52
describe specific real property; and all agreements entered into	53
under division (A) of section 1506.44 of the Revised Code;	54

(2) A record of mortgages, in which shall be recorded all of	55
the following:	56

(a) All mortgages, including amendments, supplements,	57
modifications, and extensions of mortgages, or other instruments	58
of writing by which lands, tenements, or hereditaments are or may	59
be mortgaged or otherwise conditionally sold, conveyed, affected,	60
or encumbered;	61

(b) All executory installment contracts for the sale of land	62
executed after September 29, 1961, that by their terms are not	63
required to be fully performed by one or more of the parties to	64
them within one year of the date of the contracts;	65

(c) All options to purchase real estate, including	66
supplements, modifications, and amendments of the options, but no	67
option of that nature shall be recorded if it does not state a	68
specific day and year of expiration of its validity;	69

(d) Any tax certificate sold under section 5721.33 of the	70
Revised Code, or memorandum of it, that is presented for filing of	71
record.	72

(3) A record of powers of attorney, including all memoranda	73
of trust, as described in division (A) of section 5301.255 of the	74
Revised Code, that do not describe specific real property;	75

(4) A record of plats, in which shall be recorded all plats	76
and maps of town lots, of the subdivision of town lots, and of	77
other divisions or surveys of lands, any center line survey of a	78
highway located within the county, the plat of which shall be	79
furnished by the director of transportation or county engineer,	80
and all drawings and amendments to drawings, as provided in	81
Chapter 5311. of the Revised Code;	82

(5) A record of leases, including a lease described in	83
section 5301.09 of the Revised Code, in which shall be recorded	84
all leases, memoranda of leases, and supplements, modifications,	85
and amendments of leases and memoranda of leases;	86

(6) A record of declarations executed pursuant to section	87
2133.02 of the Revised Code and durable powers of attorney for	88
health care executed pursuant to section 1337.12 of the Revised	89
Code.	90

(B) All instruments or memoranda of instruments entitled to	91
record shall be recorded in the proper record in the order in	92
which they are presented for record. The recorder may index, keep,	93
and record in one volume unemployment compensation liens, internal	94
revenue tax liens and other liens in favor of the United States as	95
described in division (A) of section 317.09 of the Revised Code,	96
personal tax liens, mechanic's liens, agricultural product liens,	97
notices of liens, certificates of satisfaction or partial release	98
of estate tax liens, discharges of recognizances, excise and	99
franchise tax liens on corporations, broker's liens, and liens	100
provided for in sections 1513.33, 1513.37, 3752.13, 5164.56, and	101
5311.18 of the Revised Code.	102

The recording of an option to purchase real estate, including	103
any supplement, modification, and amendment of the option, under	104
this section shall serve as notice to any purchaser of an interest	105
in the real estate covered by the option only during the period of	106
the validity of the option as stated in the option.	107

(C) In lieu of keeping the six separate sets of records	108
required in divisions (A)(1) to (6) of this section and the	109
records required in divisions (D) and (E) of this section, a	110
county recorder may record all the instruments required to be	111
recorded by this section in two separate sets of record books. One	112
set shall be called the "official records" and shall contain the	113
instruments listed in divisions (A)(1), (2), (3), (5), and (6) and	114
(D) and (E) of this section. The second set of records shall	115
contain the instruments listed in division (A)(4) of this section.	116

(D) Except as provided in division (C) of this section, the	117
county recorder shall keep a separate set of records containing	118
all corrupt activity lien notices filed with the recorder pursuant	119
to section 2923.36 of the Revised Code and a separate set of	120
records containing all medicaid fraud lien notices filed with the	121
recorder pursuant to section 2933.75 of the Revised Code.	122

(E)(1) The county recorder shall keep a separate set of	123
records containing all transfers, conveyances, or assignments of	124
any type of tangible or intangible personal property or any rights	125
or interests in that property if and to the extent that any person	126
wishes to record that personal property transaction and if the	127
applicable instrument is acknowledged before a notary public. If	128
the transferor is a natural person, the notice of personal	129
property transfer shall be recorded in the county in this state in	130
which the transferor maintains the transferor's principal	131
residence. If the transferor is not a natural person, the notice	132
of personal property transfer shall be recorded in the county in	133
this state in which the transferor maintains its principal place	134
of business. If the transferor does not maintain a principal	135
residence or a principal place of business in this state and the	136
transfer is to a trustee of a legacy trust formed pursuant to	137
Chapter 5816. of the Revised Code, the notice of personal property	138
transfer shall be recorded in the county in this state where that	139
trustee maintains a principal residence or principal place of	140
business. In all other instances, the notice of personal property	141
transfer shall be recorded in the county in this state where the	142
property described in the notice is located.	143

(2) The records described in division (E)(1) of this section	144
shall be maintained in or as part of the "official records" under	145
division (C) of this section.	146

Sec. 2333.22. (A) In proceedings under sections 2333.09 to	147
2333.27, inclusive, of the Revised Code, the judge by order may	148
appoint the sheriff of the proper county, or other suitable	149
person, a receiver of the property of the judgment debtor. Such	150

(B) The judge alsowho appointed the receiver under division	151
(A) of this section, by order, may forbid a transfer, or other	152
disposition of or interference with, the property of the judgment	153
debtor not exempt by law.	154

(C) Under the control of the judge who appointed a receiver	155
under division (A) of this section and except as ordered by the	156
judge under division (B) of this section, the receiver may do any	157
of the acts specified in section 2735.04 of the Revised Code.	158

Sec. 2715.21. (A) The receiver appointed under section	159
2715.20 of the Revised Code shall take possession of all notes,	160
due bills, books of account, accounts, and other evidences of	161
debt, that have been taken by the levying officer as the property	162
of the defendant in attachment, and proceed to settle and collect	163
them. For that purpose, the receiver may commence and maintain	164
actions in histhe receiver's own name, as receiver, but no right	165
of defense thereinin the action shall be impaired or affected.	166

(B) Under the control of the court that appointed the	167
receiver under section 2715.20 of the Revised Code, the receiver	168
may do any of the acts specified in section 2735.04 of the Revised	169
Code.	170

Sec. 2735.01. (A) A receiver may be appointed by the supreme	171
court or a judge thereof, the court of appeals or a judge thereof	172
in histhe judge's district, the court of common pleas or a judge	173
thereof in histhe judge's county, or the probate court, in causes	174
pending in such courts respectively, in the following cases:	175

(A)(1) In an action by a vendor to vacate a fraudulent	176
purchase of property, or by a creditor to subject property or a	177
fund to histhe creditor's claim, or between partners or others	178
jointly owning or interested in any property or fund, on the	179
application of the plaintiff, or of a party whose right to or	180
interest in the property or fund, or the proceeds thereofof the	181
property or fund, is probable, and when it is shown that the	182
property or fund is in danger of being lost, removed, or	183
materially injured;	184

(B)(2) In an action by a mortgagee, for the foreclosure of	185
histhe mortgagee's mortgage and sale of the mortgagemortgaged	186
property, when it appears that the mortgaged property is in danger	187
of being lost, removed, or materially injured, diminished in	188
value, or squandered, or that the condition of the mortgage has	189
not been performed, and theeither of the following applies:	190

(a) The property is probably insufficient to discharge the	191
mortgage debt.	192

(b) The mortgagor has consented in writing to the appointment	193
of a receiver.	194

(3) To enforce a contractual assignment of rents and leases;

195

(C)(4) After judgment, to carry the judgment into effect;

196

(D)(5) After judgment, to dispose of the property according	197
to the judgment, or to preserve it during the pendency of an	198
appeal, or when an execution has been returned unsatisfied and the	199
judgment debtor refuses to apply the property in satisfaction of	200
the judgment;	201

(E)(6) When a corporation, limited liability company,	202
partnership, limited partnership, or other entity has been	203
dissolved, or is insolvent, oris in imminent danger of	204
insolvency, or has forfeited its corporate, limited liability	205
company, partnership, limited partnership, or other entity rights;	206

(F)(7) In all other cases in which receivers have been	207
appointed by the usages of equity.	208

(B) A receiver appointed under division (A)(1), (2), (3), or	209
(5) of this section shall be appointed only with respect to the	210
particular property that is the subject of the action in which the	211
appointment of a receiver is sought.	212

(C) A receiver appointed under division (A)(6) of this	213
section may be appointed to manage all the affairs of the	214
corporation, limited liability company, partnership, limited	215
partnership, or other entity with respect to which the appointment	216
of a receiver is sought.	217

(D) A receiver appointed under division (A)(4) or (7) of this	218
section may be appointed to manage all the affairs of the	219
corporation, limited liability company, partnership, limited	220
partnership, or other entity, or only with respect to particular	221
property as determined by the court.	222

Sec. 2735.02.  No party, attorney for a party, or person	223
interested in an action shall be appointed receiver thereinin the	224
action except by consent of all of the parties to the action and	225
all other persons holding a recorded ownership interest in or a	226
recorded or filed lien on the property that is subject to the	227
action. No person except a resident of this state shall be	228
appointed or act as receiver of a railroad or other corporation	229
within, partnership, limited liability company, or other entity	230
created under the laws of this state. In selecting a receiver,	231
priority consideration shall be afforded to any of the qualified	232
persons nominated by the party seeking the receivership. No	233
nomination of qualified persons for the receivership is binding	234
upon the court.	235

Sec. 2735.04. (A) The powers of a receiver shall be set	236
forth in the order of the court that appointed the receiver as	237
those powers may be modified by the court or as otherwise approved	238
by the court upon application of the receiver or a party to the	239
action.	240

(B) Under the control of the court whichthat appointed him,	241
the receiver as provided in section 2735.01 of the Revised Code, a	242
the receiver may bringdo any of the following:	243

(1) Bring and defend actions in histhe receiver's own name	244
as receiver, take;	245

(2) Take and keep possession of real or personal property,	246
receive;	247

(3) Collect rents, collect, compound forand other	248
obligations, and compromise demands, make;	249

(4) Enter into contracts, including, but not limited to	250
contracts of sale, lease, or, so long as existing lien rights will	251
not be impacted, contracts for construction and for the completion	252
of construction work;	253

(5) Sell and make transfers, and generallyof real or	254
personal property;	255

(6) Execute deeds, leases, or other documents of conveyance	256
of real or personal property;	257

(7) Open and maintain deposit accounts in the receiver's	258
name;	259

(8) Generally do suchany other acts respecting the property	260
asthat the court authorizes.	261

(C) Any funds that are expended by or on behalf of the	262
receiver, including receivership fees, fees for professionals	263
assisting the receivership, and those expended in entering into or	264
performing contracts under division (B)(4) of this section,	265
including those for the completion of construction work authorized	266
by the court, shall be taxed as court costs or otherwise treated	267
as an administrative expense of the action. The court may require	268
an additional deposit to cover funds that would be expended by the	269
receiver under a contract entered into under division (B)(4) of	270
this section only from the parties that have requested or	271
expressly consented to the receiver incurring those expenses.	272

(D)(1)(a) Subject to the approval and supervision of the	273
court and the requirements of this section, a receiver may sell	274
property free and clear of liens by private sale pursuant to a	275
written contract between the receiver and the prospective	276
purchaser, by private auction, by public auction, or by any other	277
method that the court determines is fair to the owner of the	278
property and all other parties with an interest in the property,	279
is reasonable under the circumstances, and will maximize the	280
return from the property to the receivership estate, taking into	281
account the potential cost of holding and operating the property.	282

(b) Before entering an order authorizing the sale of the	283
property by the receiver, the court may require that the receiver	284
provide evidence of the value of the property. That valuation may	285
be provided by any evidence that the court determines is	286
appropriate. In a public or private auction, the court may	287
establish a minimum bid.	288

(c) If the receiver requests authority to sell the property	289
pursuant to a prospective purchase contract and if warranted by	290
the circumstances, the court may require that the receiver solicit	291
and consider additional offers. If the receiver ultimately sells	292
the property to a party other than the original proposed	293
purchaser, if approved by the court, the receiver may pay to the	294
unsuccessful original proposed purchaser a reasonable amount of	295
costs and expenses from the sale proceeds in an amount determined	296
by the court to compensate that proposed purchaser for	297
participation in the sale process to the extent that participation	298
brought value to the receivership.	299

(2) Any sale of real property under division (B)(5) of this	300
section shall be made only after all of the following occur:	301

(a) An application is made by the receiver or the first	302
mortgage holder that requests that the receiver be granted the	303
authority to sell the specific real property and sets forth either	304
of the following:	305

(i) If the receiver has not received a specific offer for	306
sale that the receiver desires to accept, the proposed procedures	307
for the conduct of the sale;	308

(ii) If the receiver has received a specific offer for sale	309
that the receiver desires to accept, the identity of the buyer and	310
the proposed terms of the sale.	311

(b) At least ten days' prior written notice is given in	312
accordance with the Rules of Civil Procedure to all of the owners	313
of the real property, all parties to the action, and all other	314
persons with a recorded or filed lien encumbering the real	315
property to be sold as those persons are identified in a	316
preliminary judicial report or a commitment for an owner's policy	317
of title insurance previously filed with the court pursuant to	318
section 2329.191 of the Revised Code or, if not previously filed,	319
in a preliminary judicial report or a commitment for an owner's	320
policy of title insurance filed with the application of the	321
receiver for authority to sell the real property that otherwise	322
complies with the requirements of section 2329.191 of the Revised	323
Code, unless the lien or interest is barred by lis pendens	324
pursuant to section 2703.26 of the Revised Code.	325

(c) An opportunity is given for a hearing at which all of the	326
parties and persons to whom the notice is given under division	327
(D)(2)(b) of this section may be heard, provided that if no such	328
party or person objects to the proposed sale or requests a hearing	329
within the period provided pursuant to that division, the court	330
may proceed without a hearing.	331

(d) The court issues an order of sale of the real property	332
that sets forth the required procedure for or the terms of the	333
sale. The order of sale is the final appealable order with respect	334
to the matters contained in the order.	335

(3)(a) If requested in the receiver's application for	336
authority to sell the real property under division (D)(2)(a) of	337
this section, upon a finding by the court after notice and an	338
opportunity for a hearing as provided in divisions (D)(2)(b) and	339
(c) of this section that it is in the best interest of the	340
receivership estate that the real property be sold free and clear	341
of liens, the court may order that the real property be sold free	342
and clear of all liens other than the lien of the treasurer of the	343
county in which the real property is located for real estate taxes	344
and assessments.	345

(b) In the event of a sale free and clear of liens, upon the	346
recording of the deed from the receiver to the purchaser, those	347
liens shall be canceled as to the real property and shall be	348
transferred to the proceeds of the sale in the hands of the	349
receiver with the same priority as those liens previously attached	350
to the real property sold.	351

(4) The sale of real property under division (D)(2) of this	352
section is in lieu of a sale pursuant to Chapter 2329. of the	353
Revised Code, and except as provided in division (D)(2)(b) of this	354
section with respect to the applicability of section 2329.191 of	355
the Revised Code and as provided in division (D)(9) of this	356
section with respect to the applicability of section 2329.37 of	357
the Revised Code, the provisions of Chapter 2329. of the Revised	358
Code do not apply to a sale of real property under division (D)(2)	359
of this section.	360

(5) If the contemplated sale of real property is under	361
division (D)(2)(a)(ii) of this section, the court may finally	362
approve the sale, and no separate confirmation order is required.	363

(6) If the contemplated sale of real property is under	364
division (D)(2)(a)(i) of this section, following the sale or	365
auction process described in the application, the receiver or	366
first mortgage holder shall seek an order confirming the sale	367
process and approving the proposed sale.	368

(7) The court's order approving the application by a receiver	369
or first mortgage holder for authority to sell real property under	370
division (D)(2)(a) of this section shall establish a reasonable	371
time, but not less than three days, after the date of the order	372
approving the specific sale or the sale process for the owner and	373
all other parties possessing an equity of redemption in the real	374
property to exercise their equity of redemption in the real	375
property or to have that equity of redemption forever barred.	376
Section 2329.33 of the Revised Code does not apply to a sale by a	377
receiver under this section.	378

(8)(a) Until the date the court sets for the termination of	379
the fee owner's time to redeem the real property, any fee owner of	380
the real property proposed to be sold may redeem the real property	381
from the sale by paying to the receiver by cashier's check or	382
other form of immediately available funds an amount equal to the	383
greater of the following:	384

(i) The sale price at which the real property was sold;

385

(ii) An amount equal to the total of all liens upon the real	386
property that were to be canceled as liens upon the real property	387
by virtue of the sale, including all principal, interest, costs,	388
and other amounts secured by those liens through the date of	389
payment to the receiver.	390

(b) The amount determined under division (D)(8)(a)(i) or (ii)	391
of this section may include interest on the amount of the sale	392
price at a rate that may be fixed by the court, from the date of	393
the sale to the date of the payment of the full amount to the	394
receiver.	395

(c) Upon receipt of the amount determined under divisions	396
(D)(8)(a) and (b) of this section, the receiver shall advise the	397
court and all of the parties and persons to whom notice was given	398
pursuant to division (D)(2)(b) of this section of the receipt of	399
that amount and shall set aside the sale. The fee title to the	400
real property shall remain in the name of the owner of the real	401
property, and the liens upon the real property, except as provided	402
in division (D)(3) of this section, shall be transferred in the	403
same order of priority to the proceeds received by the receiver	404
from the owner of the real property.	405

(9) If the sale of the real property by the receiver under	406
division (D)(2) of this section is conducted in accordance with	407
the terms of the order of the court authorizing the sale, upon	408
closing of the sale the receiver shall execute and deliver a	409
receiver's deed for the real property sold to the purchaser. The	410
receiver's deed has the effect provided for in section 2329.37 of	411
the Revised Code.	412

(10) If the contemplated sale of the real property is under	413
division (D)(2)(a)(ii) of this section, as soon as is reasonably	414
possible following the delivery of the deed to the purchaser under	415
division (D)(9) of this section, the receiver shall file with the	416
court and serve upon all of the parties and persons to whom the	417
notice of the application for the authority to sell the real	418
property was given under division (D)(2)(b) of this section a	419
certificate and report of sale in which the receiver certifies all	420
of the following:	421

(a) That the sale was conducted in accordance with the order	422
authorizing the sale;	423

(b) The date of the sale;

424

(c) The name of the purchaser;

425

(d) The purchase price;

426

(e) The amount of the net proceeds of the sale after payment	427
of all expenses associated with the sale;	428

(f) A copy of the closing statement, if a closing statement	429
was prepared;	430

(g) Any other information that the court may require.

431

Sec. 5301.09. AllIn recognition that such leases and	432
licenses create an interest in real estate, all leases, licenses,	433
and assignments thereof, or of any interest therein, given or made	434
concerning lands or tenements in this state, by which any right is	435
granted to operate or to sink or drill wells thereon for natural	436
gas and petroleum or either, or pertaining thereto, shall be filed	437
for record and recorded in such lease record without delay, and	438
shall not be removed until recorded. No such lease or assignment	439
thereof shall be accepted for record after September 24, 1963,	440
unless it contains the mailing address of both the lessor and	441
lessee or assignee. If the county in which the land subject to any	442
such lease is located maintains permanent parcel numbers or	443
sectional indexes pursuant to section 317.20 of the Revised Code,	444
no such lease shall be accepted for record after December 31,	445
1984, unless it contains the applicable permanent parcel number	446
and the information required by section 317.20 of the Revised Code	447
to index such lease in the sectional indexes; and, in the event	448
any such lease recorded after December 31, 1984, is subsequently	449
assigned in whole or in part, and the county in which the land	450
subject thereto is located maintains records by microfilm or other	451
microphotographic process, the assignment shall contain the same	452
descriptive information required to be included in the original	453
lease by this sentence, but the omission of the information	454
required by this section does not affect the validity of any	455
lease. Whenever any such lease is forfeited for failure of the	456
lessee, histhe lessee's successors or assigns to abide by	457
specifically described covenants provided for in the lease, or	458
because the term of the lease has expired, the lessee, histhe	459
lessee's successors or assigns, shall have such lease released of	460
record in the county where such land is situated without cost to	461
the owner thereof.	462

No such lease or license is valid until it is filed for	463
record, except as between the parties thereto, unless the person	464
claiming thereunder is in actual and open possession.	465

Section 2. That existing sections 317.08, 2333.22, 2715.21,	466
2735.01, 2735.02, 2735.04, and 5301.09 of the Revised Code are	467
hereby repealed.	468

Section 3.  (A) There is hereby created a Study Committee on	469
Receivership Laws to study matters related to receiverships and	470
payment of public utility services. The Study Committee shall	471
consist of six members to be appointed in the following manner.	472
The Speaker of the House of Representatives shall appoint three	473
members of the House of Representatives, not more than two of whom	474
shall be members of the same political party. The President of the	475
Senate shall appoint three members of the Senate, not more than	476
two of whom shall be members of same political party. The initial	477
appointments shall be made not later than March 1, 2015. The	478
President of the Senate shall appoint the chairperson of the	479
Committee. Vacancies shall be filled in the manner provided for	480
the original appointments.	481

(B) The Study Committee appointed under division (A) of this	482
section shall study and consider, but not limited to, both of the	483
following:	484

(1) The jurisdiction of the Public Utilities Commission and	485
the courts with respect to receiverships;	486

(2) The definitions and provisions of the federal Bankruptcy	487
Code that may be used in the Ohio Revised Code.	488

(C) The Study Committee shall expire at the end of the 131st	489
General Assembly.	490