Effective: May 22, 2012
Latest Legislation: House Bill 267 - 129th General Assembly
(A) If after an unincorporated nonprofit association is dissolved voluntarily or the period of existence of the association has expired a receiver is appointed to wind up the affairs of the association, all of the claims, demands, rights, interests, or liens of creditors, claimants, and members shall be determined as of the day on which the receiver was appointed. Unless it is otherwise ordered, that appointment vests in the receiver and the receiver's successors the right to the immediate possession of all of the property of the association that shall, if so ordered, execute and deliver conveyances of the property to the receiver or the receiver's nominee.
(B) Any manager, member, or other person, whether a resident or nonresident of this state and however interested, may be appointed as receiver.
(C) The receiver has all the authority vested in the managers and members of the association, shall exercise that authority subject to the orders that are made by the court, and may be required to qualify by giving bond to the state in the amount that the court fixes, with surety to the satisfaction of the clerk of the court, conditioned for the faithful discharge of the receiver's duties and for a due accounting for all money or property received by the receiver.
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.