Ohio Revised Code Search
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Section 1702.80 | Qualified nonprofit corporation may establish police department.
...er division (B) of this section and the law enforcement officers employed by the municipal corporation, which standards and criteria may include, but are not limited to, either of the following: (a) Provisions governing the reporting of offenses discovered by the police officers employed by the qualified nonprofit corporation police department to the police department of the municipal corporation; (b) Provisions go... |
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Section 1702.99 | Penalty.
...Whoever violates section 1702.57 of the Revised Code shall be fined not less than one hundred nor more than one thousand dollars. |
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Section 1727.01 | Farm laborers' association - holding of real estate.
...ture, for the relief of distressed farm laborers or their widows and orphans, whether such widows and orphans are members of the association or not, and for any other charitable purpose, shall take or hold real estate, except such as is actually occupied in the exercise of its legitimate business, or as it acquires in security for or satisfaction of debts due it. Real estate so occupied shall not in any case exceed f... |
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Section 1727.02 | Investments - loans.
...mount exceeding one hundred thousand dollars, or at a rate of interest greater than four per cent payable semiannually. |
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Section 1727.03 | Maintenance of libraries and museum.
...truments and machinery as are best calculated to promote the interests of agriculture, for the benefit of such association, under such regulations as its members adopt. |
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Section 1727.05 | Consolidation.
...Any unincorporated association organized for any purpose named in section 1727.01 of the Revised Code may be consolidated with an association incorporated for a purpose named in said section, by a resolution of each component association adopted by not less than two thirds of its members at a meeting called for that purpose. Such resolutions and the votes thereon must be recorded by the clerk of the component corpora... |
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Section 1729.01 | Ohio cooperative law definitions.
... others; bargaining; and any activity related to the foregoing. (2) Producers or agricultural cooperatives exercise more than fifty per cent of the voting control of the cooperative. (3) The cooperative does at least fifty per cent of its business with producers or agricultural cooperatives. (B) "Agricultural products" includes aquacultural, horticultural, viticultural, forestry, dairy, livestock, poultry, be... |
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Section 1729.02 | Purposes - associations deemed nonprofit - chapter title.
...be organized under this chapter for any lawful purpose permitted to corporations by the laws of this state, except any such purpose that is inconsistent with the provisions of this chapter or other chapters of Title XVII of the Revised Code. This section does not authorize any professional services otherwise prohibited by law. (B) Associations shall be corporations that are deemed nonprofit because they are not orga... |
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Section 1729.03 | Powers of association.
...may effectuate the forfeiture of any unclaimed stock or other equity interests, dividends, and patronage allocations, for which the owner cannot be found after a period of three years. Notice of the existence of unclaimed stock or other equity interests and a request for written acknowledgment from the owner to the association shall be evidence of a bona fide attempt to deliver the unclaimed stock or other equity i... |
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Section 1729.031 | Indemnification.
...able cause to believe the conduct was unlawful. (4) For purposes of divisions (A)(2) and (3) of this section, the termination of any action, suit, or proceeding by judgment, order, settlement, or conviction or a plea of nolo contendere or its equivalent does not create, of itself, a presumption that the person did not act in good faith and in a manner the person reasonably believed to be in or not opposed to the bes... |
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Section 1729.04 | Use of words in name - prohibition.
...ting in accordance with the cooperative laws of another state, the District of Columbia, or the United States. (4) It is a state or federally chartered credit union. |
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Section 1729.06 | Number of incorporators - statutory agent.
...(A) Two or more individuals may form an association under this chapter. (B)(1) Every association shall have and maintain a statutory agent upon whom any process, notice, or demand against the association may be served. The agent shall be one of the following: (a) A natural person who is a resident of this state; (b) A domestic or foreign corporation, nonprofit corporation, limited liability company, partners... |
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Section 1729.07 | Articles of incorporation.
...ship where the association's principal place of business will be located which need not be within this state; (4) The names and addresses of the incorporators; (5) The number of its directors or a statement that the number of directors shall be as specified in the bylaws; (6) The names and addresses of those who are to serve as directors until the first meeting of members or until the election and qualification of... |
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Section 1729.08 | Amendment or restatement of articles.
...on may be altered or amended at any regular meeting of the association or at any special meeting called for that purpose, provided that the text of the proposed change, or a general description of the change, is contained in the notice of the meeting. An amendment shall first be approved by two thirds of the directors and shall then be adopted by an affirmative vote of sixty per cent of the member votes cast on the a... |
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Section 1729.09 | Voting on amendment.
...r of shares, or the number of affected classes of stock held. (2) A member holding stock affected by a proposed amendment may vote only as a member and shall not be entitled to vote or demand fair cash value as an affected stockholder. (3) The board may provide that a stockholder otherwise entitled to vote under division (A)(1) of this section shall instead be entitled to payment of fair cash value of the affected ... |
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Section 1729.10 | Evidence of incorporation.
...ciation has been incorporated under the laws of this state; and a copy certified by the secretary of state of any certificate of amendment or other certificate is prima-facie evidence of such amendment or of the facts stated in the certificate, and of the observance and performance of all antecedent conditions necessary to the action that the certificate purports to evidence. (B) A copy of amended articles filed in ... |
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Section 1729.11 | Reinstatement of association.
...y filing, within two years of the cancellation or dissolution, on a form prescribed by the secretary of state for the administration of this chapter, an application for reinstatement and the required appointment of a statutory agent, and by paying a filing fee of ten dollars. (B) Upon reinstatement of an association's articles of incorporation, the rights, privileges, and franchises, including all real or personal ... |
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Section 1729.12 | Filing articles and certificates of amendment.
...(A) For filing articles of incorporation or a certificate of amendment of articles or a certificate of merger, consolidation, division, or dissolution, and with respect to the issuance of shares of stock, an association organized under this chapter shall pay to the secretary of state the fees imposed by section 111.16 of the Revised Code. In the case of a certificate of division, the filing fee shall be the same as f... |
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Section 1729.13 | Dividends - stock - security interest.
...es which shall be provided for in the bylaws or other written agreements, shall be distributed to its members and other eligible patrons on the basis of patronage as provided in the bylaws or other written agreements. Any receipts or dividends from subsidiary corporations, or from stock or other securities owned by the association, may be included in the ordinary receipts of the association, and may be distributed ac... |
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Section 1729.14 | Bylaws.
...pt for its governance and management, bylaws that are consistent with the powers granted by this chapter and the articles of incorporation of the association. The bylaws may provide for any of the following: (A) The time, place, and manner of calling and conducting the association's meetings; (B) The number of members constituting a quorum. If voting by any method other than personal appearance is used, members rep... |
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Section 1729.16 | Adoption, amendment, or repeal of bylaws.
...(A) The initial bylaws may be adopted by the association's directors who are to serve until the first member meeting. After the initial bylaws are adopted, bylaws may be adopted and amended only by the members unless the articles or bylaws provide that the board, by a two-thirds vote of the entire board, may adopt or amend the bylaws or any specified bylaw. (B) Any bylaw adopted or amended by the board shall be rep... |
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Section 1729.17 | Members or delegates entitled to vote.
...one vote, except that the articles or bylaws of the association may permit the following: (1) Voting by members in accordance with the amount of business done with or through the association. (2) Voting by delegates, including a voting system that provides any one or a combination of the following: (a) That a delegate may cast only one vote; (b) That a delegate may cast one vote for each member represented by the... |
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Section 1729.18 | Association members - meetings.
...tion 1729.20 of the Revised Code. The bylaws may provide that the notice be given by publication in a newspaper or newspapers of general circulation in the trade area of the association if notice to individual members and affected shareholders is impracticable. |
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Section 1729.19 | Action authorized or taken without meeting.
...iation's articles of incorporation or bylaws, any action that may be authorized or taken at a meeting of the members, affected stockholders, the board, or any committee of the board, may be authorized or taken without a meeting, with the affirmative vote or approval of the following: (1) In the case of members or affected stockholders, sixty per cent of the votes of the members or affected stockholders who would be ... |
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Section 1729.20 | Methods of giving notice - signed waiver.
...(A) Whenever notice is required by this chapter to be given to any person, the notice may be given personally, by mail, or by electronic or telephonic transmittal. If mailed, the notice is given when it is deposited in the United States mail, with postage prepaid, addressed to the person at the person's address as it appears on the records of the association. If notice is sent by electronic or telephonic transmittal,... |