Effective: January 9, 1961
Latest Legislation: House Bill 1 - 104th General Assembly
Each shareholder shall have one vote, in person or by proxy, for each share of capital stock held by him, and each member shall have one vote, in person or by proxy, except that any member having a loan limit of more than one thousand dollars shall have one additional vote, in person or by proxy, for each additional one thousand dollars which such member is authorized to have outstanding on loans to a corporation incorporated under Chapter 1726. of the Revised Code at any one time as determined under division (C) of section 1726.06 of the Revised Code.
Structure Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1726 | Development Corporations
Section 1726.01 | Development Corporation Definitions.
Section 1726.02 | Formation of Corporation - Contents of Articles of Incorporation.
Section 1726.04 | Powers of Corporation.
Section 1726.05 | Acquiring Shares.
Section 1726.06 | Requesting Membership.
Section 1726.07 | Number of Votes.
Section 1726.08 | Board of Directors.
Section 1726.09 | Net Earnings, Surplus.
Section 1726.10 | Designation of Depository.
Section 1726.11 | Annual Financial Reports - Audits.
Section 1726.12 | Cancellation of Articles of Incorporation.
Section 1726.13 | Applicability of General Corporation Laws.