Section 1746.17 | Validity of Contracts or Titles Not Affected by Violation.
Effective: March 18, 1983 Latest Legislation: Senate Bill 435 – 114th General Assembly (A) The transaction of business in this state by a business trust in violation of this chapter does not affect the validity of any contract with such trust, or the validity of the title to any estate or interest in real or […]
Section 1746.18 | Merger, Consolidation, Sale or Other Disposition of Assets.
Effective: March 18, 1983 Latest Legislation: Senate Bill 435 – 114th General Assembly Any business trust may be a party, with one or more other entities, to an agreement of merger, consolidation, or sale, or other disposition of all or substantially all of its assets, provided that the agreement of merger, consolidation, or sale, or […]
Section 1746.19 | Foreign Business Trusts.
Effective: March 18, 1983 Latest Legislation: Senate Bill 435 – 114th General Assembly Chapter 1746. of the Revised Code is applicable to a foreign business trust that has made the filings described in section 1746.04 of the Revised Code, except to the extent that such provisions may be inconsistent with the applicable laws of the […]
Section 1746.20 | False or Fraudulent Filings Prohibited.
Effective: March 18, 1983 Latest Legislation: Senate Bill 435 – 114th General Assembly No person knowingly shall prepare, make, assist in preparing or making, or procure or advise the preparing or making of any false or fraudulent filings required or permitted by sections 1746.01 to 1746.20 of the Revised Code.
Section 1746.99 | Penalty.
Effective: March 18, 1983 Latest Legislation: Senate Bill 435 – 114th General Assembly Whoever violates section 1746.20 of the Revised Code shall be fined not more than ten thousand dollars.
Section 1746.14 | Perpetual Period of Existence.
Effective: March 18, 1983 Latest Legislation: Senate Bill 435 – 114th General Assembly Unless otherwise stated in the trust instrument, a business trust that has made the filings described in section 1746.04 of the Revised Code has a perpetual period of existence and is not affected by any rule against perpetuities. Nothing contained in this […]
Section 1746.15 | Withdrawal From State.
Effective: June 6, 2001 Latest Legislation: House Bill 94 – 124th General Assembly Any business trust that has made the filings described in section 1746.04 of the Revised Code may withdraw from this state at any time by filing in the office of the secretary of state a verified copy of a resolution duly adopted […]
Section 1746.16 | Forfeiture for Violation of Chapter.
Effective: March 18, 1983 Latest Legislation: Senate Bill 435 – 114th General Assembly (A) Any business trust that transacts business in this state in violation of this chapter shall forfeit not less than one thousand nor more than ten thousand dollars. Such forfeiture shall be recovered in an action in the name of the state […]
Section 1746.04 | Filing With Secretary of State Before Transacting Business.
Effective: May 20, 2014 Latest Legislation: Senate Bill 98 – 130th General Assembly (A) Except as set forth in section 1746.03 of the Revised Code, before transacting business in this state, a business trust shall file in the office of the secretary of state, on forms prescribed by the secretary of state, a report containing […]
Section 1746.05 | Contents of Trust Agreement Forming Establishing Business Trust.
Effective: March 18, 1983 Latest Legislation: Senate Bill 435 – 114th General Assembly (A) Any person, singly or jointly with others, and without regard to residence or domicile, may form a business trust by signing a trust instrument which shall set forth: (1) The name of the business trust; (2) The place where the principal […]