Ohio Revised Code Search
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Section 166.01 | Economic development program definitions.
... state representing gross profit on the sale of spirituous liquor as referred to in division (B)(4) of section 4310.10 of the Revised Code. (U) "Regional economic development entity" means an entity that is under contract with the director to administer a loan program under this chapter in a particular area of this state. (V) "Eligible advanced energy project" means an eligible project that is an "advanced energy... |
Section 166.03 | Facilities establishment fund.
... of moneys derived from proceeds of the sale of obligations pursuant to section 166.08 of the Revised Code, shall be credited to the facilities establishment fund. All investment earnings on the cash balance in the fund shall be credited to the fund. (B) All moneys appropriated or transferred to the facilities establishment fund may be released at the request of the director of development for payment of allowable ... |
Section 166.05 | Selection criteria.
...may be accorded value in the leasing or sales of project facilities and in loan and guarantee arrangements. (B) Prior to granting final approval of the assistance to be provided, the director shall determine that the benefits to be derived by the state and local area from the establishment or development, and operation, of the eligible project will exceed the cost of providing such assistance and shall submit t... |
Section 166.07 | Lending money from facilities establishment fund.
... fund is derived from the issuance and sale of project financing obligations the amount to be lent will not exceed ninety per cent of the total allowable costs of the eligible project; (4) The eligible project could not be achieved in the local area in which it is to be located if the portion of the project to be financed by the loan instead were to be financed by a loan guaranteed under section 166.06 of the ... |
Section 166.14 | Determining eligible innovation projects - confidential information.
...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 upon any entity engaged to provide innovation property to be acquired, leased, or licensed in connection with such assistance. (B) Financial statements and... |
Section 166.19 | Considerations in granting assistance for research and development financial assistance.
...duced 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 acquired, leased, or licensed in connection with research and development financial assistance. (B) Financial statements a... |
Section 166.35 | Economic development support fund.
...state representing gross profit on the sale of spirituous liquor that is credited or transferred to it. Money in the fund shall be used to carry out economic development activities. |
Section 169.07 | Holder of unclaimed funds held harmless.
...r to the director of commerce, or after sale of the unclaimed funds by the director. (E) The director of commerce is not required to hold harmless, or to intervene and assume the defense of, a holder of unclaimed funds that does not act in good faith, or that does not act in compliance with this chapter and the rules adopted in accordance with this chapter, when reporting unclaimed funds. This section does not ins... |
Section 1701.01 | General corporation law definitions.
...nsolidation of the corporation, or upon sale of all or substantially all of its assets. (O) "Insolvent" means that the corporation is unable to pay its obligations as they become due in the usual course of its affairs. (P) "Parent corporation" or "parent" means a domestic or foreign corporation that owns and holds of record shares of another corporation, domestic or foreign, entitling the holder of the shares at ... |
Section 1701.16 | Options to purchase shares.
...organization, merger, consolidation, or sale of the entire assets of the corporation; (d) Provisions for the reservation of authorized but unissued shares to satisfy the options; (e) Restrictions upon the declaration or payment of dividends or distributions; (f) Conditions on the exercise or redemption of the options, including, subject to the limitation specified in division (B)(2) of this section, conditions tha... |
Section 1701.18 | Payment for shares and liability of shareholders to corporation.
... exceed reasonable compensation for the sale, underwriting, or purchase of the shares, and, regardless of the discount, the shares shall be deemed to be fully paid. (3) In the case of treasury shares with par value, the consideration may be less than the par value of the shares. (B) Promissory notes, drafts, or other obligations of a subscriber or purchaser do not constitute payment for shares. (C) An agreement by... |
Section 1701.21 | Conversion of shares.
...ation, merger, consolidation, or lease, sale, exchange, transfer or other disposition of all, or substantially all, of the assets of the corporation; provisions for the reservation of authorized but unissued shares to satisfy such conversion rights; and restrictions upon the declaration or payment of dividends or distributions. Such express terms may also include statements, not inconsistent with the provisions of se... |
Section 1701.22 | Conversion rights.
...ation, merger, consolidation, or lease, sale, exchange, transfer, or other disposition of all, or substantially all, of the assets of the corporation; provisions for the reservation of authorized but unissued shares to satisfy such conversion rights; and restrictions upon the declaration or payment of dividends or distributions. Such terms may also include statements, not inconsistent with the provisions of section 1... |
Section 1701.24 | Certificates for shares - fractional shares - uncertificated shares.
...rporation, or the amount realized upon sale of the fraction of a share; (2) Provide reasonable means to afford to the person the opportunity, on specified terms and conditions, to purchase or sell fractional interests in shares, to the exclusion of all rights the person otherwise might have; (3) Execute and deliver registered or bearer scrip over the manual or facsimile signature of an officer of the corporation ... |
Section 1701.29 | Organizing and financing expenses.
...nses, compensation, or discount for the sale, underwriting, or purchase of any of its shares; such payment or allowance shall not have the effect of rendering shares not fully paid and nonassessable. |
Section 1701.33 | Dividends and distributions.
...sets incidental to the exploitation and sale of them. (F) When any portion of a dividend or distribution is paid out of capital surplus, the corporation, at the time of paying the dividend or distribution, shall notify the shareholders receiving the dividend or distribution as to the kind of surplus out of which the dividend or distribution is paid. (G) When a dividend or distribution is to be paid in authorized bu... |
Section 1701.35 | Purchase of own shares.
...f a subscription; (4) For offering and sale, or the grant of options with respect thereto, to any or all of the employees of the corporation or of subsidiary corporations or to a trustee on their behalf, under any plan adopted or to be adopted by the directors for that purpose; (5) From a person who has purchased such shares from the corporation under an agreement reserving to the corporation the right to repurchas... |
Section 1701.591 | Close corporation agreement.
...n of or limitation upon the issuance or sale by the corporation of any of its shares, including treasury shares, without the affirmative vote or approval of the holders of all or a proportion of the outstanding shares or unless other specified terms and conditions are met; (11) Arbitration of issues on which the shareholders are deadlocked in voting power or on which the directors or other parties managing the corp... |
Section 1701.85 | Dissenting shareholders - compliance with section - fair cash value of shares.
...he following times shall be the closing sale price on the national securities exchange as of the applicable date provided in division (C)(1) of this section: (a) Immediately before the effective time of a merger or consolidation; (b) Immediately before the filing of an amendment to the articles of incorporation as described in division (A) of section 1701.74 of the Revised Code; (c) Immediately before the tim... |
Section 1701.86 | Voluntary dissolution.
...f the assets have been sold at judicial sale or otherwise; (4) When the articles have been canceled for failure to file annual franchise or excise tax returns or for failure to pay franchise or excise taxes and the corporation has not been reinstated or does not desire to be reinstated; (5) When the period of existence of the corporation specified in its articles has expired. (E) The shareholders at a meeting h... |
Section 1701.88 | Winding up or obtaining reinstatement - powers and duties of directors.
...8) Sell its assets at public or private sale; (9) Make conveyances in the corporate name; (10) Lease real estate for any term, including ninety-nine years renewable forever; (11) Settle or compromise claims in favor of or against the corporation; (12) Employ one or more persons as liquidators to wind up the affairs of the corporation with such authority as the directors see fit to grant; (13) Cause the title... |
Section 1702.47 | Voluntary dissolution.
... the assets have been sold at judicial sale or otherwise; (4) When the period of existence of the corporation specified in its articles has expired. (D)(1) The voting members at a meeting held for that purpose may adopt a resolution of dissolution by the affirmative vote of a majority of the voting members present in person or, if permitted, by mail, by proxy, or by the use of authorized communications equipm... |
Section 1702.49 | Winding up or obtaining reinstatement - powers and duties of directors.
...y, sell its assets at public or private sale, make conveyances in the corporate name, lease real estate for any term, including ninety-nine years renewable forever, settle or compromise claims in favor of or against the corporation, employ one or more persons as liquidators to wind up the affairs of the corporation with such authority as the directors see fit to grant, cause the title to any of the assets of the corp... |
Section 1703.17 | Surrender of license.
...e showing the payment of all franchise, sales, use, and highway use taxes accruing up to the date of such filing, or that such payment has been adequately guaranteed; (2) A receipt, certificate, or other evidence showing the payment of all personal property taxes accruing up to the date of such filing; (3) A receipt, certificate, or other evidence from the director of job and family services showing that all contri... |
Section 1704.04 | Determining fair market value of shares on date in question.
...e the simple arithmetic average closing sale price during the thirty calendar days immediately before the date in question of a share of that class or series on the principal such exchange on which that class or series is listed; (2) If that class or series of shares is not listed on an exchange described in division (A)(1) of this section, the fair market value shall be the simple arithmetic average closing bid quo... |