Effective: May 22, 2012
Latest Legislation: House Bill 267 - 129th General Assembly
(A) An unincorporated nonprofit association may be dissolved voluntarily in the manner provided in this section.
(B) A resolution of dissolution for an unincorporated nonprofit association shall set forth all of the following:
(1) That the association elects to be dissolved;
(2) Any additional provision considered necessary with respect to the proposed dissolution and winding up of affairs.
(C) The managers of an unincorporated nonprofit association may adopt a resolution of dissolution in any of the following cases:
(1) If the association has been adjudged bankrupt or has made a general assignment for the benefit of creditors;
(2) By leave of the court, if a receiver has been appointed in a general creditors' suit or in any suit in which the affairs of the association are to be wound up;
(3) If substantially all of the assets of the association have been sold at judicial sale;
(4) When the period of existence of the association specified in its governing principles has expired or upon the occurrence of another event or condition specified in its governing principles;
(5) If no members of the association can be identified and the association's operations have been discontinued for at least three years by the managers or, if the association has no incumbent managers, by its last preceding incumbent manager.
(D) The members of an unincorporated nonprofit association may adopt a resolution of dissolution by the affirmative vote of the members.
Structure Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1745 | Uniform Unincorporated Nonprofit Association Act
Section 1745.05 | Definitions.
Section 1745.06 | Relation to Other Law.
Section 1745.07 | Governing Law; Territorial Application.
Section 1745.08 | Legal Entity; Perpetual Existence; Powers.
Section 1745.09 | Ownership and Transfer of Property.
Section 1745.10 | Liabilities.
Section 1745.11 | Assertion and Defense of Claims.
Section 1745.12 | Assets Subject to Judgment, Execution and Other Process.
Section 1745.13 | Appointment of Agent to Receive Service of Process.
Section 1745.14 | Service of Process.
Section 1745.15 | Action or Proceeding Not Abated by Change.
Section 1745.17 | Member Not an Agent.
Section 1745.18 | Approval by Members.
Section 1745.19 | Notice Requirements.
Section 1745.21 | Meetings of Voting Members; Calling and Place of Meeting.
Section 1745.22 | Notice of Meeting.
Section 1745.23 | Waiver of Notice.
Section 1745.24 | Quorum for Voting Members' Meeting.
Section 1745.26 | Special Voting Requirements for Members or Managers.
Section 1745.27 | Vote of Members Required for Rescission or Revocation.
Section 1745.28 | Action Without a Meeting.
Section 1745.29 | Admission, Suspension, Dismissal, or Expulsion of Members.
Section 1745.30 | Member's Resignation.
Section 1745.31 | Membership Interest Not Transferable.
Section 1745.32 | Selection of Managers; Management Rights of Managers.
Section 1745.33 | Authority and Duties of Manager; Standard of Care.
Section 1745.34 | Meetings of Managers; Notice.
Section 1745.35 | Quorum for Managers' Meeting.
Section 1745.36 | Executive and Other Committees of Managers.
Section 1745.37 | Officers; Authority and Removal.
Section 1745.38 | Association Mortgages.
Section 1745.39 | Right of a Member or Manager to Information.
Section 1745.40 | Distributions Prohibited; Compensation and Other Permitted Payments.
Section 1745.41 | Removal of Managers and Filling Vacancies.
Section 1745.42 | Interest of Member, Manager or Officer in Contract.
Section 1745.43 | Indemnification; Advancement of Expenses.
Section 1745.44 | Sale or Other Disposition of Assets.
Section 1745.45 | Judicial Sale of Assets.
Section 1745.46 | Merger or Consolidation Into Domestic Unincorporated Nonprofit Association.
Section 1745.47 | Agreement of Merger or Consolidation; Vote by Members.
Section 1745.48 | Effect of Merger or Consolidation.
Section 1745.49 | Effective Date of Merger or Consolidation.
Section 1745.50 | Voluntary Dissolution.
Section 1745.51 | Notice of Voluntary Dissolution.
Section 1745.54 | Receiver for Winding Up Affairs of Association.
Section 1745.55 | Judicial Dissolution.