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Home » US Law » 2022 Ohio Revised Code » Title 17 | Corporations-Partnerships » Chapter 1719 | Charitable Trusts

Section 1719.01 | Incorporation of Charitable Trusts.

Effective: October 11, 1955 Latest Legislation: House Bill 70 – 101st General Assembly When any person by deed or will grants or devises property and money, or either, to trustees in perpetuity, in trust, stipulating that the principal and income, or any part of the principal and income thereof, is to be used and applied […]

Section 1719.02 | Code of Regulations.

Effective: October 11, 1955 Latest Legislation: House Bill 70 – 101st General Assembly A charitable trust incorporated as provided in section 1719.01 of the Revised Code shall adopt and maintain a code of regulations for its government, and for the administration of the trust, in conformity with the deed or will. Such regulations shall provide […]

Section 1719.03 | Officers.

Effective: October 31, 1967 Latest Legislation: Senate Bill 75 – 107th General Assembly The officers of a charitable trust incorporated as provided in section 1719.01 of the Revised Code, shall be a president, a vice-president, a treasurer and a secretary. The board may create other offices deemed necessary or designated by such deed or will.

Section 1719.04 | Subsequent Grant or Devise.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The board of trustees of a charitable trust incorporated as provided in section 1719.01 of the Revised Code, may accept any subsequent grant or devise of money or property made to it or to such corporation in perpetuity, in trust, the principal […]

Section 1719.06 | Incorporation of Charitable Trusts in Certain Special Cases.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly When, by his will, admitted to probate in this state or elsewhere, a decedent devises or bequeaths his property, or a portion thereof, for charitable uses within this state, or for the establishment and maintenance of an industrial or educational school or […]

Section 1719.07 | Articles of Incorporation.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The executor or executors, or his or their successors , of a will providing for a charitable trust as specified in section 1719.06 of the Revised Code shall associate with himself or themselves not more than two citizens and residents, other than […]

Section 1719.08 | Members and Directors.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The officials named in a will providing for a charitable trust as specified in section 1719.06 of the Revised Code, the other persons therein named, and, in case the articles are filed by the executor, the not more than two citizens and […]

Section 1719.09 | Site of Directors’ Meetings.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Until the estate is finally settled, the board of directors of a charitable trust incorporated as provided in sections 1719.06 to 1719.12, inclusive, of the Revised Code, may meet in the state of the domicile of the testator.

Section 1719.10 | Officers.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The officers of a charitable trust incorporated under sections 1719.06 to 1719.12, inclusive, of the Revised Code, shall consist of a president, a secretary, a treasurer, and such others as the board of directors deems necessary. The president shall be a member […]

Section 1719.11 | Constitution and Bylaws.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The board of directors of a charitable trust incorporated under sections 1719.06 to 1719.12, inclusive, of the Revised Code, may adopt and change organic rules, regulations, and bylaws.

Section 1719.12 | Attorney General May Enforce Devise or Bequest.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The attorney general in his official capacity may bring proceedings in any court of record to enforce a devise or bequest to which section 1719.06 of the Revised Code is applicable, to protect and carry out the purposes named in the will, […]

Section 1719.14 | Managing Board of Directors or Trustees.

Effective: April 10, 1991 Latest Legislation: House Bill 889 – 118th General Assembly Whenever, by a will under which any corporation is organized under sections 1719.01 to 1719.13 of the Revised Code, it is provided that the corporation shall be managed by a board of directors or trustees consisting in whole or in part of […]