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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.

Ohio Revised Code Search

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Section 1719.09 | Site of directors' meetings.

...Until the estate is finally settled, the board of directors of a charitable trust incorporated as provided in sections 1719.06 to 1719.12, inclusive, of the Revised Code, may meet in the state of the domicile of the testator.

Section 1721.08 | Sale of land for public monument.

...ceased person, such portion of the real estate of the association as is selected and agreed upon between it and such corporation, which is not used by the association, and which has not been disposed of by it for burial purposes. Such sale shall be at a price payable in a manner and on terms agreed upon between the association and such corporation. The land sold and conveyed shall thereafter be exclusively owned, he...

Section 1721.16 | Sinking fund.

... such money upon first mortgage of real estate in this state worth double the loan or upon collateral consisting of any such securities which are of equal face value with the loan. It shall not loan such money to a member of the cemetery board. All moneys thus appropriated to a sinking fund and interest earned thereon shall be held exclusively for the enlargement, improvement, repair, or adornment of cemetery ground...

Section 1721.211 | Preneed cemetery merchandise and services contract.

...annually submit to the division of real estate of the department of commerce an affidavit in a form prescribed by the division, certifying under oath the seller satisfied division (F)(1) of this section. (3) A licensed funeral director who sells preneed funeral contracts and who also sells merchandise or services under a preneed cemetery merchandise and services contract shall be deemed to have met the requirement...

Section 1723.06 | Hydraulic company may hold necessary property.

...erwise, and hold such real and personal estate, and may erect or purchase the necessary buildings and machinery for carrying on the business, including all the necessary equipment and appendages of the business, such as tubing, pumps, tanks, telegraph apparatus, and engines, as may be necessary to transport oils, coal or its derivatives, or water through tubes and pipes.

Section 1724.03 | Regulations for government of corporation - board of directors.

...t experience in rehabilitation or real estate acquisitions. A county treasurer and the county commissioners each may appoint a representative, as a director of the corporation, to act for the officer at any of the meetings of the corporation. Except as may otherwise be authorized by the regulations of the corporation, all members of the board of directors shall serve without compensation, but shall be reimburs...

Section 1725.05 | Lands and buildings.

... of its board, sell and convey its real estate. It may borrow money and execute and sell, or otherwise dispose of, its bonds or obligations, secured by a mortgage of its property or otherwise. The president and the secretary of the association shall sign all such obligations and conveyances.

Section 1727.02 | Investments - loans.

... may invest them in mortgages upon real estate or in county, state, or United States securities. In its articles of incorporation, it may designate the kinds of securities in which its funds shall be invested, in which case no part of such funds shall be invested in securities other than those named in the articles. It shall not make any loan to any of its trustees or officers. It may take by gift, subscription, pur...

Section 1728.07 | Form of financial agreement for approved project.

...on shall make payments in lieu of real estate taxes not less than the amount as provided by section 1728.11 of the Revised Code; or if the municipal corporation is an impacted city, not less than the amount as provided by section 1728.111 of the Revised Code; (C) That the corporation, its successors and assigns, shall use, develop, and redevelop the real property of the project in accordance with, and for the ...

Section 1729.58 | Association may act to wind up affairs or obtain reinstatement of articles.

...s in the association's name; lease real estate for any term, including ninety-nine years renewable forever; settle or compromise claims in favor of or against the association; appoint or employ one or more persons as liquidators to wind up the affairs of the association with authority as the directors see fit to grant; cause the title to any of the assets of the association to be conveyed to such liquidators for tha...

Section 1733.01 | Credit union definitions.

... without limitation, an individual, the estate of a deceased individual, a corporation, an unincorporated society or association, or any other organization of individuals. (H) "Articles" includes original articles of incorporation, agreements of merger, amended articles, and amendments to any of these. (I) "Regulations" includes the code of regulations of a credit union and any amendments thereto or an amended code...

Section 1733.241 | Payment on joint account - contract for payment on death.

...e named persons, or the guardian of the estate of either of the named persons, whether or not the other person is living. The receipt or acquittance of the person paid is a sufficient release and discharge of the credit union for any payments made from the account to that person. (B) A credit union may enter into a written contract with a natural person for the proceeds of the person's shares, share accounts,...

Section 174.01 | Definitions.

...iginating, servicing, or brokering real estate loans and who is qualified to do business in this state. (G) "Loan" means any extension of credit or other form of financing or indebtedness directly or indirectly to a borrower with the expectation that it will be repaid in accordance with the terms of the underlying loan agreement or other pertinent document. "Loan" includes financing extended to lending institutions...

Section 174.06 | Housing trust fund advisory committee.

...ties; (5) One member to represent real estate brokers licensed under Chapter 4735. of the Revised Code. (6) A county recorder. (B)(1) Terms of office are for four years, with each term ending on the same day of the same month as did the term that it succeeds. Each member shall hold office from the date of appointment until the end of the term for which the member was appointed. Vacancies shall be filled in the man...

Section 1743.03 | Companies for protecting and preserving dead bodies.

... or gift, and may hold and convey, real estate not exceeding one acre of land, and may erect thereon suitable buildings and construct and maintain vaults and such other appliances as are necessary to carry out its objects. Such property shall be exempt from execution, from taxation, and from being appropriated to any other public purpose, if used exclusively for the purpose described in this section.

Section 1743.08 | Elevator companies.

...may purchase and hold real and personal estate; may erect, purchase, and own the necessary buildings, offices, and machinery for carrying on the business of receiving, storing, delivering, and forwarding grain of all kinds; and may add to and connect with this the business of a general storage warehouse or forwarders of all kinds of produce and merchandise. It shall not deal as buyer or seller on its own accoun...

Section 1745.05 | Definitions.

... principles" includes any amendment or restatement of the agreements constituting the governing principles. (E) "Internal Revenue Code" means the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C. 1, as amended. (F) "Manager" means a person, irrespective of the person's designation as director or other designation, that is responsible, alone or in concert with others, for the management of an unincorporat...

Section 1745.09 | Ownership and transfer of property.

...d, encumber, or transfer in its name an estate or interest in real or personal property. An unincorporated nonprofit association may be a legatee, a devisee, or a beneficiary of a trust or contract. All property acquired by an unincorporated nonprofit association by purchase, gift, devise, bequest, or otherwise shall be the absolute property of the association, unless it is otherwise specified in writing at the...

Section 1746.12 | Shares of beneficial interest.

...e of a beneficial interest in the trust estate of a business trust is a security subject to Chapter 1707. of the Revised Code.

Section 1746.17 | Validity of contracts or titles not affected by violation.

...st, or the validity of the title to any estate or interest in real or personal property taken, held, or disposed of by such trust. No business trust that has transacted business in violation of this chapter, nor any persons acting on its behalf, shall maintain any action in any court of this state until it has fully complied with this chapter and further paid to the secretary of state a forfeiture of one thousand dol...

Section 1747.07 | Service of process.

...Real estate investment trusts are subject to all applicable provisions of law, rules of procedure, and rules of court, now in effect or hereafter enacted, relating to domestic or foreign corporations, with regard to service of process.

Section 175.09 | Securing bonds.

...ges. (C) Moneys in the agency's trust estates may be invested as provided in any resolution that authorizes the issuance of its bonds or in any trust agreement that secures those bonds. Income from investments shall be credited to funds as the agency determines, subject to the provisions of any resolution or trust agreement, and investments may be sold at times that the agency determines.

Section 176.01 | Municipal corporation, county or township may establish or designate housing advisory board.

...developers of rental housing; (5) Real estate brokers licensed under Chapter 4735. of the Revised Code; (6) Other persons with professional knowledge regarding local housing needs and fair housing issues within the subdivisions served by the board; (7) Residents of areas of the subdivisions served by the board that could receive housing assistance from such subdivisions; (8) Any metropolitan housing authority ope...

Section 1776.52 | Partner's power to dissociate - wrongful dissociation.

... trust other than a business trust, or estate, the partner is expelled or otherwise dissociated because it willfully dissolved or terminated. (C) A partner who wrongfully dissociates is liable to the partnership and to the other partners for damages caused by the dissociation. The liability is in addition to any other obligation of the partner to the partnership or to the other partners.

Section 1776.67 | Settlement of accounts and contributions among partners.

... 1776.36 of the Revised Code. (E) The estate of a deceased partner is liable for the partner's obligation to contribute to the partnership. (F) A partner or partner's legal representative may recover from the other partners any contributions the partner has made to the extent the amount contributed exceeds that partner's share of the partnership obligations for which the partner is personally liable under se...