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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 3309.65 | Procedure for transfer of moneys and securities in event of merger.

...ovided by this chapter. In the event of merger, the moneys and securities to the credit of the local district pension system, not exceeding an aggregate amount equal to the present value of the payments to be made on account of all pensions to the pensioners on the rolls of the local district pension system, shall be transferred to the employers' accumulation fund and the pensions then payable by the local district p...

Section 3311.057 | Service center board following merger.

...eriod between the effective date of the merger of the service centers and the assumption of control of the new service center by the new board, the resolutions shall include provisions for an interim governing board which shall be appointed to govern the service center until the time the new board is elected and assumes control of the service center. (C) Any provisions for electing a governing board adopted pursuant...

Section 3311.058 | When merger to achieve minimum average daily membership not required.

...imum average daily membership if such a merger will cause the territory of the resultant joint educational service center to comprise more than eight hundred square miles.

Section 3314.074 | Distributing assets of school permanently closed.

...D) A community school that engages in a merger or consolidation pursuant to division (B) of section 1702.41 of the Revised Code and becomes a single public benefit corporation shall not be required to distribute assets pursuant to divisions (A), (B), and (C) of this section, provided that the governing authority of the community school created by the merger or consolidation enters into a contract for sponsorship unde...

Section 3319.18 | Status of teachers under transfer or consolidation.

... the effective date of such transfer or merger, on the salary schedule of the district to which the territory is transferred or the newly created district, according to their training and experience. Such experience shall be the total sum of the years taught in the district whose territory was transferred or merged to create a new district, plus the total number of years of teaching experience recognized by suc...

Section 3901.68 | Provisions application.

...luding every purchase, lease, exchange, merger, consolidation, succession, or other acquisition other than the construction or development of real property by or for the reporting insurer, or the acquisition of materials for such purpose. (B) Asset dispositions, including every sale, lease, exchange, merger, consolidation, mortgage, hypothecation, assignment whether for the benefit of creditors or otherwise, abandon...

Section 3907.14 | Investment of capital, surplus, and accumulations.

...sets of any other company by purchase, merger, consolidation, or otherwise, substantially as an entirety, or has been reorganized pursuant to the bankruptcy law, the earnings of such other predecessor or constituent companies, or of the company so reorganized, available for interest for such portion of such period that has preceded such acquisition, or such reorganization, may be included in the earnings of suc...

Section 3941.45 | Certificate of fees paid to any person in connection with securing or promoting of merger or consolidation required to be filed.

...h the securing or promoting of any such merger or consolidation. Except as fully stated in said certificate or in the agreement, no director or officer of any constituent companies shall receive directly or indirectly any fee, commission, compensation, or valuable consideration for in any manner aiding, promoting, or assisting therein.

Section 4905.47 | Capitalization.

...y or railroad corporation formed by the merger or consolidation of two or more corporations exceed the sum of the capital stock of the corporations consolidated or merged, at the par value of such stock, and such sum or any additional sum actually paid in cash. No contract for consolidation or lease shall be capitalized in the stock of any public utility or railroad corporation, and no such corporation shall is...

Section 4961.32 | Procedure for aid, lease, and purchase.

...les of incorporation, consolidation, or merger under which such company was formed. The ballots may be cast in person or by proxy. If the holders of outstanding shares of stock of such company representing at least two thirds, or such greater proportion as said articles of incorporation, consolidation, or merger require, of the voting power of all the stock of such company represented at such meeting, entitled to vot...

Section 5124.01 | Definitions.

...tion, dissolution of the corporation, a merger of the corporation into another corporation that is the survivor of the merger, or a consolidation of one or more other corporations to form a new corporation. (2) The following, alone, do not constitute a change of operator: (a) A contract for an entity to manage an ICF/IID as the operator's agent, subject to the operator's approval of daily operating and manageme...

Section 5165.51 | Notice of change of operator.

...perator, including through sale, lease, merger, or other action; (7) If the manner in which the entering operator becomes the nursing facility's operator involves more than one step, a description of each step; (8) Written authorization from the exiting operator or owner and entering operator for the department to process a provider agreement for the entering operator; (9) The names and addresses of the persons...

Section 5709.92 | Ranking of school districts by capacity.

...r this section as follows: (1) For a merger of two or more districts, fixed-sum levy losses, total resources, current expense allocation, and non-current expense allocation of the successor district shall be the sum of such items for each of the districts involved in the merger. (2) If property is transferred from one district to a previously existing district, the amount of the total resources, current expense...

Section 5727.85 | Payments from school district property tax replacement fund.

...r this section as follows: (1) For the merger of all of the territory of two or more districts, the total resources, 2011 current expense S.B. 3 allocation, total 2011 S.B. 3 allocation, 2011 non-current expense S.B. 3 allocation, and fixed-sum levy loss of the successor district shall be equal to the sum of the total resources, 2011 current expense S.B. 3 allocation, total 2011 S.B. 3 allocation, 2011 non-current e...

Section 5751.21 | Payments to school districts for fixed-rate and fixed-sum levy losses.

...der this section as follows: (1) For a merger of two or more districts, the fixed-sum levy losses, total resources, current expense TPP allocation, total TPP allocation, and non-current expense TPP allocation of the successor district shall be the sum of such items for each of the districts involved in the merger. (2) If property is transferred from one district to a previously existing district, the amount of tota...

Section 742.513 | Township officer assuming municipal status may transfer to fund.

...al police department as a result of the merger under sections 709.43 to 709.48 of the Revised Code of the municipal corporation with a township that employed the police officer or has, on or after December 1, 1983, been appointed pursuant to section 124.41 or 124.411 of the Revised Code to a police department of a newly incorporated municipal corporation directly from a police department of the township from which th...

Section 1101.01 | Banks; definitions.

..."Reorganization" means a consolidation, merger, or transfer of assets and liabilities pursuant to Chapter 1115. or 1116. of the Revised Code. (U) "Savings and loan holding company" has the same meaning as in 12 U.S.C. 1467a. (V) "Savings association" means a savings and loan association doing business under authority granted by the regulatory authority of another state or a federal savings association. "Savings ass...

Section 1103.19 | Two authorized signatures required.

...of the Revised Code, a consolidation or merger pursuant to section 1115.11 of the Revised Code, or a transfer of assets and liabilities pursuant to section 1115.14 of the Revised Code, one of the authorized representatives signing shall be the chairperson of the board of directors, the president, or a vice-president, as determined by the board of directors. The other authorized representative signing shall be the sec...

Section 1112.23 | Confidentiality.

...formation or agreements relating to any merger, consolidation, or transfer; (6) Any other private information relating to a family trust company. (B) Any person who receives privileged and confidential information as described in division (A) of this section is subject to the requirements of this section. No person, knowing the information is privileged and confidential, shall purposely divulge the information in a...

Section 1115.20 | Protecting rights of creditors.

...'s rights. (B) In any consolidation or merger under section 1115.11 of the Revised Code, the rights and obligations of the surviving or new bank shall be governed by section 1701.82 of the Revised Code.

Section 1116.05 | Mutual state bank reorganization as mutual holding company.

... stock state bank, and transferring, by merger of the reorganizing mutual state bank with the second tier subsidiary, a substantial portion of its assets, all of its insured deposits, and part or all of its other liabilities to the resulting stock state bank at which time the first tier subsidiary stock state bank becomes a mutual holding company; (3) In any other manner approved by the superintendent. (B) As a par...

Section 1116.18 | Powers.

...nk organized in mutual or stock form by merger of such bank with the subsidiary stock state bank, interim subsidiary stock bank, or subsidiary stock holding company of the mutual holding company; (B) Merge with or acquire another holding company provided that such holding company has, as one of its subsidiaries, a subsidiary banking corporation; (C) Exercise any power of, or engage in any activity permitted for, a ...

Section 1116.20 | Subsidiary holding company; issuance of securities.

... and may be made in connection with the merger or acquisition of another bank whether organized in mutual or stock form.

Section 122.173 | Grant against tax for new manufacturing machinery purchase.

...achinery and equipment as a result of a merger with the taxpayer with whom commenced the original use in this state of the manufacturing machinery and equipment, or with a taxpayer that was a partner in a partnership with whom commenced the original use in this state of the manufacturing machinery and equipment, is entitled to any remaining or carried-forward grant amounts to which the taxpayer was entitled. (b) A...

Section 1337.50 | Operation of entity or business.

...idation, conversion, domestication, or merger of the entity or business; (J) Sell or liquidate all or part of an entity or business; (K) Establish the value of an entity or business under a buy-out agreement to which the principal is a party; (L) Prepare, sign, file, and deliver reports, compilations of information, returns, or other papers with respect to an entity or business and make related payments; (M) ...