Ohio Revised Code Search

... the Revised Code and for determining when such an audit is appropriate, and may make necessary rules to carry out any other duty imposed upon the director by this chapter.

...report or perform other duties required under Chapter 169. of the Revised Code. (B) No person or holder shall knowingly refuse to pay or deliver unclaimed funds to or enter into an agreement with the director of commerce as required under section 169.05 of the Revised Code.

...ction 169.03 of the Revised Code, and then is relieved of responsibility as provided in section 169.07 of the Revised Code.

....03 of the Revised Code by failure to file an unclaimed funds report upon request within four months of the date of such request shall be subject to a civil penalty of one hundred dollars per day, which may be in addition to the other civil penalties provided for in this section. (C) Unclaimed funds not paid or made the subject of an agreement with the director of commerce as provided in sections 169.03 and 169.05 o...

...mmediately after the date a report is filed under division (D) of section 169.03 of the Revised Code, are invalid. (2) A person interested in entering into an agreement to locate, deliver, recover, or assist in the recovery of unclaimed funds for remuneration shall not initiate any contact with an owner during the two-year period immediately after the date a report is filed under division (D) of section 169.03 of t...

..., pursuant to an agreement entered into under section 169.13 of the Revised Code, shall include with that claim the number designated on the certificate of registration that is issued to the person under section 169.16 of the Revised Code. (B) The division of unclaimed funds shall not process any claim described in division (A) of this section that does not include the required certificate of registration number.

...l be accompanied by notarized reference letters from two reputable witnesses. The application shall, at a minimum, provide all of the following: (1) The applicant's full name, home address, and work address; (2) The name, address, and telephone number of the two witnesses who have provided the reference letters; (3) A statement that the applicant has not, during the five-year period immediately preceding the su...

...sed Code, or has been convicted of, or pleaded guilty to, any felony or any offense involving moral turpitude, including theft, attempted theft, falsification, tampering with records, securing writings by deception, fraud, forgery, and perjury. (2) The person's character and general fitness do not command the confidence of the public or warrant the belief that the person's business will be conducted honestly and fa...

...ance of such violation is a separate offense. (B) Whoever violates division (C) of section 169.13 or division (A) of section 169.16 of the Revised Code is guilty of a misdemeanor of the first degree for a first offense and of a felony of the fifth degree for any subsequent offense.

...the laws of another state, and "foreign entity" means an entity formed under the laws of another state. (C) "State" means the United States; any state, territory, insular possession, or other political subdivision of the United States, including the District of Columbia; any foreign country or nation; and any province, territory, or other political subdivision of such foreign country or nation. (D) "Articles" inc...

...l be deemed to have been given when deposited in the mail.

...ose. Except to the extent that the articles otherwise provide, both of the following apply: (a) Having a beneficial purpose does not prevent a corporation from seeking any of the other purposes for which the corporation is formed, including operation of the corporation for pecuniary gain or profit and distribution of net earnings. (b) No particular purpose of a corporation has priority over any other purpose of...

... have an initial stated capital, the amount of that stated capital. (B) The articles also may set forth any of the following: (1) The names of the individuals who are to serve as initial directors; (2) The purpose or purposes for which the corporation is formed, but in the absence of a statement of the purpose or purposes or except as expressly set forth in such statement, the purpose for which any corporation ...

...cles of incorporation or any other documents or applications with the secretary of state as established in sections 111.16, 1329.01, 1701.04, or elsewhere in the Revised Code or otherwise comply with the requirements of Title XVII of the Revised Code as a condition precedent to engaging in business in this state for any of the following activities: (1) Disaster work performed in this state by an out-of- state disas...

...," "corp," "incorporated," or "inc.," unless the corporation is a benefit corporation or had a name that included such combination of words prior to the effective date of this amendment . (3) It shall be distinguishable upon the records in the office of the secretary of state from all of the following: (a) The name of any other corporation, whether nonprofit or for profit and whether that of a domestic or of a ...

...nce to, junior to, or on a parity in whole or in part with dividend or distribution rights of shares of any other class; (2) Liquidation rights, preferences, and price; (3) Redemption rights and price; (4) Sinking fund requirements, which may require the corporation to provide a sinking fund out of earnings or otherwise for the purchase or redemption of the shares or for dividends or distributions on them; (5) Vo...

...agent shall meet the requirements of Title XVII of the Revised Code for an entity of the agent's type to transact business or exercise privileges in this state. (B) The secretary of state shall not accept original articles for filing unless there is filed with the articles a written appointment of an agent that is signed by the incorporators of the corporation or a majority of them and a written acceptance of the a...

.... (B) All persons shall have the opportunity of acquiring knowledge of the contents of the articles and other certificates filed and recorded in the office of the secretary of state, but no person dealing with the corporation shall be charged with constructive notice of the contents of any such articles or certificates by reason of such filing or recording.

...ime and place that they determine. (B) Unless the articles fix the consideration for which subscriptions are to be received, all of the following apply: (1) If subscriptions are to be received for shares without par value, the incorporators shall fix the consideration for which they will receive subscriptions for such shares. (2) If subscriptions are to be received for shares with par value, the consideration for ...

...ys' written notice to the shareholders, unless written notice is waived by the shareholders, to meet at a specified time and place for the purposes of adopting regulations, electing directors, and transacting any other business. The shareholders shall meet for those purposes at the time and place specified. (3) Notwithstanding divisions (A)(1) and (2) of this section, if regulations have not been adopted within nine...

...r regulations so provide or permit and unless a provision of the Revised Code reserves such authority to shareholders, by the directors, provided that no provision or permission in the articles or regulations may divest shareholders of the power, or limit the shareholders' power, to adopt, amend, or repeal regulations. (2) Any amendment of regulations and any amended or new regulations adopted by shareholders ...

...ss before there has been paid in the amount of that initial stated capital, no corporate transaction shall be invalidated thereby, but incorporators participating in such transaction before the election of directors, and directors participating therein, shall be jointly and severally liable for the debts of the corporation up to an amount not exceeding in the aggregate the amount by which the stated capital paid in a...

...ot limited to, trust funds, letters of credit, or self-insurance, on behalf of or for any person who is or was a director, officer, employee, or agent of the corporation, or is or was serving at the request of the corporation as a director, trustee, officer, employee, member, manager, or agent of another corporation, domestic or foreign, nonprofit or for profit, a limited liability company, or a partnership, j...

... (A) Determine the time when, the terms under which, and the considerations for which the corporation issues, disposes of, or receives subscriptions for, its shares, including treasury shares; (B) Determine, subject to the limitations provided in section 1701.35 of the Revised Code in the case of purchase of shares by the corporation, whether and upon what terms the obligation of any subscriber for shares shall be r...

...ed shares except to the extent the articles so provide. If the articles provide that the holders of the shares of any class, other than shares that are limited as to dividend or distribution rate and liquidation price, have pre-emptive rights, those holders, upon the offering or sale for cash of shares of the same class, shall have the right, during a reasonable time and on reasonable terms fixed by the directors, to...