Ohio Cooperative Law
Ohio · Ohio Cooperative Law · §§ 1729.01 to 1729.99 · 53 sections
Overview
This act governs the formation, structure, and internal governance of cooperative associations, restricting use of the term "cooperative" to entities organized under its terms and setting out how one comes into existence — incorporators, corporate name, articles of incorporation and their amendment, bylaws, and the filings, registered office, and annual renewal that maintain that existence. It defines the powers a cooperative may exercise and divides control between a governing board and the membership, covering the number, election, district apportionment, removal, and replacement of directors, their standard of conduct and the limits on their liability, the appointment of officers, and the calling and noticing of regular and special members' meetings. It further addresses capital structure through stock and nonstock organization and its interaction with securities regulation, the grouping and obligations of members, the treatment of cooperatives formed elsewhere, and rules tailored to particular sectors, including agricultural marketing, electric, telecommunications purchasing, and health care cooperatives.
Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.
Sections covered
- Ohio Rev. Code Ann. § 1729.01Ohio cooperative law definitions
- Ohio Rev. Code Ann. § 1729.02Purposes - associations deemed nonprofit - chapter title
- Ohio Rev. Code Ann. § 1729.03Powers of association
- Ohio Rev. Code Ann. § 1729.031Indemnification
- Ohio Rev. Code Ann. § 1729.04Use of words in name - prohibition
- Ohio Rev. Code Ann. § 1729.06Number of incorporators - statutory agent
- Ohio Rev. Code Ann. § 1729.07Articles of incorporation
- Ohio Rev. Code Ann. § 1729.08Amendment or restatement of articles
- Ohio Rev. Code Ann. § 1729.09Voting on amendment
- Ohio Rev. Code Ann. § 1729.10Evidence of incorporation
- Ohio Rev. Code Ann. § 1729.11Reinstatement of association
- Ohio Rev. Code Ann. § 1729.12Filing articles and certificates of amendment
- Ohio Rev. Code Ann. § 1729.13Dividends - stock - security interest
- Ohio Rev. Code Ann. § 1729.14Bylaws
- Ohio Rev. Code Ann. § 1729.16Adoption, amendment, or repeal of bylaws
- Ohio Rev. Code Ann. § 1729.17Members or delegates entitled to vote
- Ohio Rev. Code Ann. § 1729.18Association members - meetings
- Ohio Rev. Code Ann. § 1729.19Action authorized or taken without meeting
- Ohio Rev. Code Ann. § 1729.20Methods of giving notice - signed waiver
- Ohio Rev. Code Ann. § 1729.22Board of directors
- Ohio Rev. Code Ann. § 1729.23Standard of care for directors
- Ohio Rev. Code Ann. § 1729.24Effect of self-dealing
- Ohio Rev. Code Ann. § 1729.25Liability of members, directors, officers
- Ohio Rev. Code Ann. § 1729.26Officers
- Ohio Rev. Code Ann. § 1729.27Surety bonds
- Ohio Rev. Code Ann. § 1729.28Removal of officers or directors - procedure
- Ohio Rev. Code Ann. § 1729.29Books and records - examination by member or stockholder
- Ohio Rev. Code Ann. § 1729.35Association may merge or consolidate with one or more associations
- Ohio Rev. Code Ann. § 1729.36Association may merge or consolidate with one or more entities
- Ohio Rev. Code Ann. § 1729.37Effective date of merger or consolidation
- Ohio Rev. Code Ann. § 1729.38Certificate of merger or consolidation filing and recording
- Ohio Rev. Code Ann. § 1729.40Plan of division
- Ohio Rev. Code Ann. § 1729.42Conversions
- Ohio Rev. Code Ann. § 1729.44Setting aside reorganizations
- Ohio Rev. Code Ann. § 1729.46Written demand for payment of fair cash value of stock
- Ohio Rev. Code Ann. § 1729.47Complaint for fair cash value of stock
- Ohio Rev. Code Ann. § 1729.49Disposing of assets of association
- Ohio Rev. Code Ann. § 1729.55Voluntary dissolution
- Ohio Rev. Code Ann. § 1729.56Public notice of voluntary dissolution
- Ohio Rev. Code Ann. § 1729.58Association may act to wind up affairs or obtain reinstatement of articles
- Ohio Rev. Code Ann. § 1729.59Judicial liquidations
- Ohio Rev. Code Ann. § 1729.60Receiver appointed to wind up affairs of association
- Ohio Rev. Code Ann. § 1729.61Complaint for judicial dissolution
- Ohio Rev. Code Ann. § 1729.67Marketing agreements
- Ohio Rev. Code Ann. § 1729.68Prohibited acts - injunctive relief
- Ohio Rev. Code Ann. § 1729.69Unfair marketing practices
- Ohio Rev. Code Ann. § 1729.70Agricultural cooperative not illegal
- Ohio Rev. Code Ann. § 1729.76Foreign association
- Ohio Rev. Code Ann. § 1729.80Membership in other organizations
- Ohio Rev. Code Ann. § 1729.84Exemptions for agricultural products
- Ohio Rev. Code Ann. § 1729.85Stock not considered securities
- Ohio Rev. Code Ann. § 1729.86Application of laws
- Ohio Rev. Code Ann. § 1729.99Penalty
Enacted in other states
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