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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

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Section 163.59 | Policy for land acquisition.

...In order to encourage and expedite the acquisition of real property by agreements with owners, to avoid litigation and relieve congestion in the courts, to assure consistent treatment for owners in the many state and federally assisted programs, and to promote public confidence in public land acquisition practices, heads of acquiring agencies shall do or ensure the acquisition satisfies all of the following: (A) The...

Section 163.62 | Reimbursement of reasonable costs, disbursements, and expenses.

...(A) The court having jurisdiction of a proceeding instituted by a state agency to acquire real property by condemnation shall award the owner of any right, or title to, or interest in, such real property such sum as will in the opinion of the court reimburse such owner for the owner's reasonable costs, disbursements, and expenses, including reasonable attorney, appraisal, and engineering fees actually incurred beca...

Section 164.05 | Director of the Ohio public works commission duties.

...ision projects in order to maximize the benefits that may be derived by districts from each year's allocation; (6) Require local subdivisions, to the extent practicable, to use Ohio products, materials, services, and labor in connection with any capital improvement project financed in whole or in part under this chapter; (7) Notify the director of budget and management of all approved projects, and supply all inf...

Section 164.06 | District public works integrating committee duties.

...(A) Each district public works integrating committee shall evaluate materials submitted to it by the local subdivisions located in the district concerning capital improvements for which assistance is sought from the state capital improvements fund and shall, pursuant to division (B) of this section, select the requests for financial assistance that will be formally submitted by the district to the director of the Ohi...

Section 164.22 | Eligible projects.

...l, economic, and aesthetic preservation benefits; (4) The preservation or restoration of floodplain and streamside forest functions; (5) The preservation of headwater streams; (6) The restoration and preservation of aquatic biological communities. Grant moneys may be used for preliminary costs related to projects that are eligible for funding under this section, including planning costs, design costs, enginee...

Section 164.24 | Reviewing application.

...ive economic, social, and environmental benefits that the proposed project will bring to the geographical area represented by the council as compared to other proposed projects; (7) Whether the project incorporates more than one purpose for which grant moneys may be used as specified in section 164.22 of the Revised Code; (8) Whether the general public will be given access to the project area upon the completio...

Section 165.20 | Designating corporation as agent of state.

...operty for endowment or similar uses or benefits or for ultimate direct use by it, subject to any lease or mortgage securing such obligations.

Section 166.08 | Issuing obligations.

...(A) As used in this chapter: (1) "Bond proceedings" means the resolution, order, trust agreement, indenture, lease, and other agreements, amendments and supplements to the foregoing, or any one or more or combination thereof, authorizing or providing for the terms and conditions applicable to, or providing for the security or liquidity of, obligations issued pursuant to this section, and the provisions contained in ...

Section 166.14 | Determining eligible innovation projects - confidential information.

...ed innovation industry sector. (2) The benefits to the local area, including taxes, jobs, and reduced unemployment and reduced welfare costs, among others, may be accorded value in the leasing or sales of innovation project facilities and in loan and guarantee arrangements. (3) In making determinations under division (A)(1) of this section, the director may consider the effect of an eligible innovation project...

Section 166.19 | Considerations in granting assistance for research and development financial assistance.

...ted. (2) The director may consider the benefits to the local area, including taxes, jobs, and reduced unemployment and reduced welfare costs, in the leasing or sale of eligible research and development project facilities and in loan arrangements. (3) The director may consider the effect of an eligible research and development project upon any entity engaged to provide research and development property to be ac...

Section 167.06 | Financing programs and operations.

...ents established to provide health care benefits to the member governments' employees and the employees' dependents may pool funds received from all the members of the council, including members from other states to the extent that the laws of such other states permit, for the payment of health care related claims and expenses. (D) The council shall make an annual report of its activities to the member governments.

Section 167.10 | Qualifying council defined - general powers.

...(A) As used in this section and sections 167.101 to 167.105 of the Revised Code: (1) "Qualifying council" means a regional council established under section 167.01 of the Revised Code to which both of the following requirements apply: (a) The council's membership is composed primarily of city, local, and exempted village school districts, or any combination of such districts; (b) The council is an informatio...

Section 169.02 | Further defining unclaimed funds.

...Subject to division (B) of section 169.01 of the Revised Code, the following constitute unclaimed funds: (A) Except as provided in division (R) of this section, any demand, savings, or matured time deposit account, or matured certificate of deposit, together with any interest or dividend on it, less any lawful claims, that is held or owed by a holder which is a financial organization, unclaimed for a period of fiv...

Section 169.03 | Report of unclaimed funds.

...(A)(1) Every holder of unclaimed funds and, when requested, every person that could be the holder of unclaimed funds, under this chapter shall report to the director of commerce with respect to the unclaimed funds as provided in this section. The report shall be verified. (2) With respect to items of unclaimed funds each having a value of fifty dollars or more, the report required under division (A)(1) of this sect...

Section 1701.13 | Authority of corporation.

...(A) A corporation may sue and be sued. (B) A corporation may adopt and alter a corporate seal and use the same or a facsimile of the corporate seal, but failure to affix the corporate seal shall not affect the validity of any instrument. (C) At the request or direction of the United States government or any agency of the United States government, a corporation may transact any lawful business in aid of nation...

Section 1701.18 | Payment for shares and liability of shareholders to corporation.

...(A) Except as provided in the case of change of shares, share dividends or distributions, reorganization, merger, consolidation, combination, or conversion of shares or obligations into shares, the following apply: (1) Consideration for shares may include cash, property, services rendered, a promissory note, or any other binding obligation to contribute cash or property or to perform services; the provision of any o...

Section 1701.60 | Contract, action or transaction not void or voidable.

... include pension, disability, and death benefits, for services to the corporation by directors and officers, or to delegate such authority to one or more officers or directors. (B) Nothing contained in divisions (A)(1) and (2) of this section shall limit or otherwise affect the liability of directors under section 1701.95 of the Revised Code. (C) For purposes of division (A) of this section, a director is not an in...

Section 1701.86 | Voluntary dissolution.

...(A) A corporation may be dissolved voluntarily in the manner provided in this section, provided the provisions of Chapter 1704. of the Revised Code do not prevent the dissolution from being effected. (B) A resolution of dissolution for a corporation shall set forth that the corporation elects to be dissolved. The resolution also may include any of the following: (1) The date on which the certificate of dissolutio...

Section 1702.12 | Authority of nonprofit corporation.

...(A) A corporation may sue and be sued. (B) A corporation may adopt and alter a corporate seal and use it or a facsimile of it, but failure to affix the corporate seal shall not affect the validity of any instrument. (C) Unless otherwise provided in the articles, a corporation may take property of any description, or any interest in property, by gift, devise, or bequest. (D) Subject to limitations prescribed b...

Section 1702.301 | Interest of director or officer in contract.

... include pension, disability, and death benefits, for services to the corporation by directors and officers, or to delegate that authority to establish reasonable compensation to one or more officers or directors. (B) Divisions (A)(1) and (2) of this section do not limit or otherwise affect the liability of directors under section 1702.55 of the Revised Code. (C) For purposes of division (A) of this section, a dir...

Section 1702.47 | Voluntary dissolution.

...(A) A corporation may be dissolved voluntarily in the manner provided in this section. (B) A resolution of dissolution for a corporation shall set forth: (1) That the corporation elects to be dissolved; (2) Any additional provision deemed necessary with respect to the proposed dissolution and winding up. (C) The directors may adopt a resolution of dissolution in the following cases: (1) When the corporation...

Section 1705.01 | [Repealed effective 2/11/2022 by S.B. 276, 133rd General Assembly - See R.C. 1706.83] Limited liability company definitions.

...As used in this chapter: (A) "Business" means every trade, occupation, or profession. (B) "Contribution" means any cash, property, services rendered, promissory note, or other binding obligation to contribute cash or property or to perform services that a member contributes to a limited liability company in the capacity as a member. (C) "Conveyance" means every assignment, lease, mortgage, or encumbrance. (...

Section 1706.082 | Operating agreement amendment, provision of rights, obligations.

...(A) An operating agreement may be amended upon the consent of all the members of a limited liability company or in such other manner authorized by the operating agreement. If an operating agreement provides for the manner in which it may be amended, including by requiring the approval of a person who is not a party to the operating agreement or the satisfaction of conditions, it may be amended only in that manner or ...

Section 1706.31 | Duties of a member to a limited liability company and other members.

...(A) Unless either a written operating agreement for the limited liability company or a written agreement with a member establishes additional fiduciary duties, in the event that there have been designated one or more managers to supervise or manage the activities or affairs of the limited liability company, the only obligation a member owes, in the member's capacity as a member, to the limited liability company and t...

Section 1706.311 | Duties of a manager to a limited liability company and its members.

...(A) Unless either a written operating agreement for the limited liability company or a written agreement with a manager establishes additional fiduciary duties or the duties of the manager have been modified, waived, or eliminated as contemplated by section 1706.08 of the Revised Code, the only fiduciary duties of a manager to the limited liability company or its members are the duty of loyalty and the duty of care s...