Ohio Admin. Code 111:1-1-01 - Definitions

As used in section 5301.254 of the Revised Code:

(A) "Any interest" means any fee interest, security interest, life estate, trust beneficiary interest, option, purchase contract, leasehold for ten or more years, and non-contingent future interest.

(B) "Foreign nation" means any country other than the United States.

(C) "Minerals" means any chemical element or compound occurring naturally as a product of inorganic processes.

(D) "Mining" means excavating or developing, on the surface or underground, and with or without shafts, slopes, drifts, or tunnels, any of the following: coal, gypsum, asphalt, rock, or other materials containing the same.

(E) "Other business entity" means a company, association, partnership, joint venture, society, joint stock company, trust and estate.

Replaces: 111-8-01

Notes

Ohio Admin. Code 111:1-1-01

Five Year Review (FYR) Dates: 1/15/2021 and 01/15/2026
Promulgated Under: 111.15
Statutory Authority: R.C. 5301.24
Rule Amplifies: R.C. 5301.24
Prior Effective Dates: 03/19/1979, 01/25/2016

Effective: 1/25/2016
Five Year Review (FYR) Dates: 01/15/2021
Promulgated Under: 111.15
Statutory Authority: 5301.254
Rule Amplifies: 5301.254
Prior Effective Dates: 3/19/79