Effective: June 6, 2001
Latest Legislation: House Bill 94 - 124th General Assembly
Any domestic or foreign real estate investment trust authorized to transact real estate business in this state may surrender its authority at any time by filing in the office of the secretary of state a verified copy of a resolution duly adopted by its trustees declaring its intention to withdraw, accompanied by the fee specified in division (T) of section 111.16 of the Revised Code. Such real estate investment trust then ceases and is without authority to transact real estate business in this state, except as necessary for its conclusion.
Structure Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1747 | Real Estate Investment Trusts
Section 1747.01 | Real Estate Investment Trust Definitions.
Section 1747.02 | Compliance With Chapter.
Section 1747.03 | Filing With Secretary of State Before Transacting Business.
Section 1747.04 | Amendment of Trust Instrument.
Section 1747.05 | General Powers of Trust.
Section 1747.06 | Interests in Property.
Section 1747.07 | Service of Process.
Section 1747.08 | Certificate of Beneficial Interest Is Security.
Section 1747.09 | Perpetual Period of Existence - Termination.
Section 1747.10 | Surrender of Authority.
Section 1747.11 | Forfeiture for Transacting Business Without Authority.
Section 1747.12 | Violation Effects.