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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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purchase
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Section 1701.18 | Payment for shares and liability of shareholders to corporation.

...ensation 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 a person to perform se...

Section 1701.31 | Reduction of stated capital.

...corporation, or an outstanding share is purchased or otherwise acquired by the issuing corporation (otherwise than upon conversion, change, or exchange), the stated capital, if any, of the class to which such redeemed, purchased, or acquired share belongs shall thereby be reduced by an amount equal to the stated capital, if any, of such share; (B) Whenever an outstanding share is released from subscription, the stat...

Section 1701.70 | Procedure for amending articles by directors - incorporators.

...e corporation or has granted options to purchase any shares, and the conversion or option rights are set forth in the articles or have been approved by the same vote of shareholders as, at the time of the approval, would have been required to amend the articles to authorize the shares required for that purpose, and the corporation does not have sufficient authorized but unissued shares to satisfy those conversion or ...

Section 1701.95 | Liability for unlawful loans, dividends, distribution of assets.

...ution of assets to shareholders, or the purchase or redemption of the corporation's own shares, contrary in any such case to law or the articles; (b) A distribution of assets to shareholders during the winding up of the affairs of the corporation, on dissolution or otherwise, without the payment of all known obligations of the corporation or without making adequate provision for their payment; (c) The making of a l...

Section 1704.05 | Exceptions.

...he increase is the result solely of the purchase by the issuing public corporation of shares issued by it; (d) The increase is in accordance with approval by the directors of the issuing public corporation before the increase occurred. (2) If this chapter would have applied to the increase of beneficial ownership described in division (B)(1) of this section but for the application of an exception described in ...

Section 1707.05 | Definitions.

...substantial part of its business in the purchase, sale, or development of commercial paper, notes, or other indebtedness, financial instruments, securities, or real property; purchasing, selling, or holding for investment commercial paper, notes, or other indebtedness, financial instruments, securities, or real property; or otherwise making investments; (f) A commodity pool, equipment leasing program, or a real est...

Section 1707.056 | Portal operators-oversight, purchase limits, and purchaser privacy.

...ke reasonable efforts to verify that no purchaser exceeds the purchase limitations set forth in division (F) of section 1707.051 of the Revised Code. (B)(1) A portal operator shall not disclose, except to the division of securities, personal information without the written or electronic consent of the prospective purchaser or purchaser. For purposes of division (B) of this section, "personal information" means info...

Section 1707.058 | Issuers-disqualification from registration exemption.

...sdemeanor: (a) In connection with the purchase or sale of any security; (b) Involving the making of any false filing with the securities and exchange commission or a state securities commissioner; or (c) Arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser, or paid solicitor of purchasers of securities. (2) Is subject to any order, judg...

Section 1707.41 | Civil liability of seller for fraud.

...ch sale, is liable, to any person that purchased the security relying on the circular, prospectus, or advertisement, for the loss or damage sustained by the relying person by reason of the falsity of any material statement contained therein or for the omission of material facts, unless the offeror or person that receives the profits establishes that the offeror or person had no knowledge of the publication p...

Section 1707.42 | Civil liability of adviser.

...elf, advises and procures any person to purchase any security, and receives any commission or reward for the advice or services without disclosing to the purchaser the fact of the person's agency or interest in such sales, shall be liable to the purchaser for the amount of the purchaser's damage thereby, upon tender of the security to, and suit brought against, the adviser, by the purchaser. No suit shall be brought ...

Section 1710.06 | Plans for public improvements or public services.

...6) Sale, lease, lease with an option to purchase, conveyance of other interests in, or other contracts for the acquisition, construction, maintenance, repair, furnishing, equipping, operation, or improvement of any special energy improvement project by the special improvement district, between a participating political subdivision and the special improvement district, and between the special improvement district and ...

Section 1710.07 | Permitted costs of plan.

...e sale, lease, lease with an option to purchase, conveyance of other interests in, or other contracts for the acquisition, construction, maintenance, repair, furnishing, equipping, operation, or improvement of any special energy improvement project by the district, between a participating political subdivision and the special improvement district, or between the special improvement district and any owner of re...

Section 1711.15 | County aid to county agricultural society.

... county agricultural society itself may purchase or lease, for a term of not less than twenty years, real estate on which to hold fairs under the management and control of the county agricultural society, and may erect suitable buildings on the real estate and otherwise improve it. In counties in which there is a county agricultural society that has purchased, or leased for a term of not less than twenty years, rea...

Section 1711.17 | County joint ownership.

...tive boards of county commissioners may purchase or lease jointly, for a term of not less than twenty years, real estate on which to hold fairs under the management and control of the society, and may erect suitable buildings and otherwise improve the property, and pay the rental thereof, or contribute to or pay any other form of indebtedness of the society, if the director of agriculture has certified to the board t...

Section 1715.43 | Real estate held by lodge.

... for its own use and benefit, by lease, purchase, grant, devise, gift, or otherwise; may loan its funds and secure such loans, or any unpaid purchase money, by mortgage on otherwise unencumbered real estate; and may borrow money, and execute and deliver notes or bonds, and mortgages on real property of the lodge to secure such notes or bonds, in the name and by the number of said lodge or other subordinate body accor...

Section 1716.07 | Professional solicitors.

...me and address of each contributor that purchases or donates tickets and the number of tickets purchased or donated by the contributor; (b) The name and address of each organization that receives the donated tickets for the use of others, and the number of tickets received by the organization. (3) Any of the records described in divisions (G)(1) and (2) of this section shall be made available to the attorney gene...

Section 1716.09 | Charitable sales promotions.

...ercentage per unit of goods or services purchased or used that will benefit the charitable organization or charitable purpose has been determined, the commercial co-venturer shall disclose that amount or percentage in each advertisement for the charitable sales promotion. If the actual dollar amount or percentage per unit of goods or services purchased or used that will benefit the charitable organization or charitab...

Section 1721.13 | Incorporation when holding land within a village.

...ing as a cemetery association, who have purchased and improved lands for cemetery purposes by subscriptions of lot holders and the sale of lots, and who are acting through a board of trustees chosen by members of the association may, when the lands thus occupied have been brought or held within the corporate limits of a village subsequently to the time of their purchase and improvement, become incorporated for cemete...

Section 1721.17 | Transfer from one association to another.

...ncorporated or unincorporated, and have purchased and improved land for cemetery purposes, the welfare of all concerned in the lands purchased and improved would be subserved by transferring such lands and improvements and other assets of such association to another association incorporated under the laws of this state for cemetery purposes, said trustees shall call a meeting of the association by giving notice of su...

Section 1723.06 | Hydraulic company may hold necessary property.

...723.01 of the Revised Code may take, by purchase or otherwise, 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 an...

Section 1726.05 | Acquiring shares.

...tion, are hereby authorized to acquire, purchase, hold, sell, assign, transfer, mortgage, pledge, or otherwise dispose of any bonds, securities, or other evidences of indebtedness created by, or the shares of the capital stock of the corporation, and while owners of said shares to exercise all the rights, powers, and privileges of ownership, including the right to vote thereon. (B) All financial institutions are her...

Section 1729.031 | Indemnification.

...me capacity. (H)(1) An association may purchase and maintain insurance or furnish similar protection, including, but not limited to, trust funds, letters of credit, or self-insurance, for or on behalf of any person that is or was a director, officer, employee, agent, or volunteer of the association or is or was serving at the request of the association as a trustee, director, officer, employee, member, manager, agen...

Section 1729.14 | Bylaws.

...mber's interest; (2) Provision for the purchase of a member's interest by the association; (3) At the option of the association, provision for such purchase at a price fixed by appraisal by the board of directors of the association. (O) Any other provision for any matter relative to the control, regulation, operation, management, or government of the association.

Section 1733.05 | Membership.

...ence of any of the following: (a) The purchase of a membership in the credit union as provided in the credit union's bylaws; (b) The payment of an entrance fee established from time to time by the board of directors of the credit union; (c) The purchase of one or more shares in the credit union as provided in the credit union's bylaws. (2) Each member is responsible for maintaining a current address with th...

Section 1745.43 | Indemnification; advancement of expenses.

...nincorporated nonprofit association may purchase and maintain insurance, or furnish similar protection, including, but not limited to, trust funds, letters of credit, or self-insurance, for or on behalf of any person who is or was a manager, officer, employee, member, agent, or volunteer of the association or a person acting in any other representative capacity, however denominated, or is or was serving at the ...