Ohio Revised Code Search
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Section 1729.29 | Books and records - examination by member or stockholder.
...(A) An association shall keep correct and complete books and records of account, and shall also keep minutes of the proceedings of meetings of its members, board, and delegates. The association shall keep at its principal office records of the names and addresses of all members and stockholders with the amount of ownership interests and stock held by each. (B) At any reasonable time, any member, upon written notice ... |
Section 1729.35 | Association may merge or consolidate with one or more associations.
...ange the articles of incorporation or bylaws of the surviving or new association as provided for in the agreement; (3) Change any provision of the agreement with respect to the rights of members or the manner of voting in the surviving or new association. (F) After approval of an agreement under this section, but before the merger or consolidation is effective, the merger or consolidation may be abandoned in accord... |
Section 1729.36 | Association may merge or consolidate with one or more entities.
...er or consolidation is permitted by the laws under which each constituent entity exists and the association complies with this section. (B) Each constituent association shall comply with section 1729.35 of the Revised Code with respect to form and approval of an agreement of merger or consolidation, and each constituent entity shall comply with the applicable provisions of the laws under which it exists, except tha... |
Section 1729.37 | Effective date of merger or consolidation.
...(A) Unless a later date is specified in the agreement, a merger or consolidation under sections 1729.35 and 1729.36 of the Revised Code is effective when the certificate of merger or consolidation is filed in accordance with section 1729.38 of the Revised Code. If, after filing the certificate but before the merger or consolidation is effective, the merger or consolidation is amended or abandoned, as provided in divi... |
Section 1729.40 | Plan of division.
...ons; (e) The name and address of the statutory agent upon whom any process, notice, or demand against the original association may be served, and the name and address of a statutory agent for each resulting association upon whom process, notice, or demand against that resulting association may be served. (2) The articles of incorporation of each of the resulting associations shall be filed with the certificate. |
Section 1729.42 | Conversions.
... in its articles of incorporation and bylaws required by this chapter, and any other desirable changes permitted by this chapter. The amendment shall be adopted, filed, and recorded in the manner provided by the law under which the corporation exists. (B) An association may convert itself to a domestic corporation that is not an association by adopting an amendment to its articles of incorporation in which it elects... |
Section 1729.44 | Setting aside reorganizations.
...An action to set aside a merger, consolidation, division, or conversion of an association, on the ground that any section of the Revised Code has not been complied with, shall be brought within ninety days after the effective date of the merger, consolidation, division, or conversion, or such action shall be forever barred. |
Section 1729.46 | Written demand for payment of fair cash value of stock.
...iation's articles of incorporation or bylaws provide a reasonable basis for determining and paying the fair cash value of the stock that is the subject of the demand for fair cash value, or if the association or the surviving, new, or resulting association or entity and the demanding stockholder reach an agreement on the fair cash value of the stock within three months after delivery of the demand for fair cash value... |
Section 1729.47 | Complaint for fair cash value of stock.
...f the county in which the association's statutory agent resides. Other affected stockholders who have made timely demand for payment of fair cash value may join as plaintiffs in the proceeding, and any two or more proceedings commenced by affected stockholders may be consolidated. The complaint shall contain a brief statement of the relevant facts, including the vote by members of the association, the facts entitling... |
Section 1729.49 | Disposing of assets of association.
... the articles of incorporation or the bylaws of an association otherwise provide, a lease, sale, exchange, transfer, or other disposition of any assets of an association may be made upon terms and for consideration which may consist, in whole or in part, of money or other property, including shares or other securities or promissory obligations of any association or entity, as may be authorized by the board. If a leas... |
Section 1729.55 | Voluntary dissolution.
...e name and address of the association's statutory agent. (G) The certificate described in division (F) of this section shall be signed as follows: (1) When the resolution of dissolution is adopted by the incorporators, the certificate shall be signed by not less than a majority of the incorporators; (2) When the resolution is adopted by the directors or by the members, the certificate shall be signed by any author... |
Section 1729.56 | Public notice of voluntary dissolution.
...Following the filing of the certificate of dissolution, the directors, members, or incorporators who filed the certificate, as the case may be, shall cause a notice of voluntary dissolution to be published once a week on the same day of each week for two successive weeks, in a newspaper published and of general circulation in the county in which the principal place of business of the association was to be or is locat... |
Section 1729.58 | Association may act to wind up affairs or obtain reinstatement of articles.
...ith the articles of incorporation and bylaws until the affairs of the association are completely wound up. Subject to the orders of courts of this state having jurisdiction over the association, the directors shall proceed as speedily as is practicable to a complete winding up of the affairs of the association and, to the extent necessary or expedient to that end, shall exercise all the authority of the association. ... |
Section 1729.59 | Judicial liquidations.
...s in the county in this state where the statutory agent resides may order and adjudge the matters described in division (A) of this section. (C) A judicial proceeding under this section concerning the winding up of the affairs of an association is a special proceeding, and final orders in the proceeding may be vacated, modified, or reversed on appeal pursuant to the Rules of Appellate Procedure and, to the extent no... |
Section 1729.60 | Receiver appointed to wind up affairs of association.
...(A) Whenever, after an association is dissolved voluntarily, the articles of an association have been canceled, or the period of existence of an association has expired, a receiver is appointed to wind up the affairs of the association, all the claims, demands, rights, interests, or liens of creditors, claimants, members, patrons, and stockholders shall be determined as of the day on which the receiver was appointed.... |
Section 1729.61 | Complaint for judicial dissolution.
...s in the county in this state where the statutory agent resides may dissolve and wind up the affairs of an association in accordance with this division. (B) A complaint for judicial dissolution shall be verified by any of the complainants and shall set forth facts showing that the case is as specified in this section. Unless the complainants set forth in the complaint that they are unable to annex a list of members,... |
Section 1729.67 | Marketing agreements.
...ritten separately or contained in the bylaws, in which the member agrees to do any of the following: (1) Sell, market, or deliver all or any specified part of products produced or to be produced either by the member or under the member's control, to or through the cooperative or any facilities furnished by it; (2) Authorize the cooperative or any facilities furnished by it to act for the member in any manner with r... |
Section 1729.68 | Prohibited acts - injunctive relief.
...tive in any litigation or proceeding at law or in equity to enforce or defend the cooperative's rights and interests that are protected under this section. |
Section 1729.69 | Unfair marketing practices.
...(A) No handler shall commit an unfair marketing practice, as defined in division (B) of this section, whenever a marketing cooperative has been authorized by its members to bargain on behalf of its members for sales contracts with the handler and any of the following conditions exist: (1) Members of the marketing cooperative are obligated to produce and deliver agricultural products or produce under sales contracts ... |
Section 1729.70 | Agricultural cooperative not illegal.
...sed Code, are not illegal as such, in unlawful restraint of trade, or part of a conspiracy or combination to accomplish an improper or illegal purpose. (B) An agricultural cooperative, upon resolution of its board, may enter into marketing agreements and other arrangements with any other agricultural cooperative. Any two or more agricultural cooperatives may, by agreement between them, unite in employing or separate... |
Section 1729.76 | Foreign association.
...Any foreign association may carry on any proper activities in this state upon compliance with the general regulations applicable to foreign corporations desiring to do business in this state. All contracts that could be made by any association incorporated under this chapter and that are made by or with such foreign associations, shall be enforceable in this state with all of the remedies set forth in this chapter. |
Section 1729.80 | Membership in other organizations.
...An association may organize, form, operate, own, control, have an interest in, own stock of, or be a member of any other cooperative, corporation, or other form of organization. |
Section 1729.84 | Exemptions for agricultural products.
...Any exemptions under any law applying to agricultural products in the possession or under the control of the individual producer also shall apply to such products delivered by its producer members, as long as such products are in the possession or under the control of an agricultural cooperative. |
Section 1729.85 | Stock not considered securities.
...Membership stock and patronage stock of a cooperative are not to be considered securities under Chapter 1707. of the Revised Code. |
Section 1729.86 | Application of laws.
...tion or on or after that date. (B) Any law that is in conflict with this chapter shall be construed as not applying to associations provided for in this chapter. |