reglab/housing_qa huggingface dataset:
Ohio Rev Code § 1729.03 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.03 | Powers of Association.

Effective: September 3, 2004|Latest Legislation:  House Bill 288 - 125th General Assembly|Each association incorporated under this chapter shall have the following powers:(A) It may make contracts, incur liabilities, and borrow money; issue capital stock and other equity interests and issue certificates therefor; acquire property; and dispose of, mortgage, pledge, lease, or otherwise use in any manner, any of its property, or any interest in its property, wherever situated.(B) It may invest its funds, lend money for its purposes, and hold any property as security for repayment.(C) It may act as the agent or representative of any members or other patrons in any activities authorized by this chapter.(D) It may conduct its business and affairs, have offices, and exercise its power in the United States or in any foreign country.(E) It may establish reserves and invest these funds.(F) It may buy, hold, and exercise all privileges of ownership over such real or personal property as is necessary, convenient, or incidental to the conduct of any authorized business of the association.(G) It may establish, secure, own, and develop patents, trademarks, copyrights, service marks, and other intellectual property.(H) Notwithstanding Chapter 169. of the Revised Code, it may effectuate the forfeiture of any unclaimed stock or other equity interests, dividends, and patronage allocations, for which the owner cannot be found after a period of three years. Notice of the existence of unclaimed stock or other equity interests and a request for written acknowledgment from the owner to the association shall be evidence of a bona fide attempt to deliver the unclaimed stock or other equity interests to the owner. If the notice is not acknowledged within thirty days after the notice is sent or within the period specified in the notice, if longer, all such unclaimed stock or other equity interests specified in the notice are forfeited and become the property of the association.(I) It may make donations for charitable, scientific, educational, community development, or religious purposes, and may use all or part of the funds forfeited to the association under division (H) for these purposes.(J) It may do everything necessary, suitable, or proper for the accomplishment of any of the purposes enumerated in this section. In addition it may exercise and possess all powers, rights, and privileges necessary or incidental to the purposes for which the association is organized or to the activities in which it is engaged, and any other powers, rights, and privileges granted to corporations by the laws of this state, except as are inconsistent with the express provisions of this chapter.
Ohio Rev Code § 1729.04 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.04 | Use of Words in Name - Prohibition.

Effective: September 3, 2004|Latest Legislation:  House Bill 288 - 125th General Assembly|(A) The name of any association organized under this chapter shall include the word or abbreviation "cooperative," "coop," "co-operative," "co-op," "association," "assn.," "company," "co.," "incorporated," "inc.," "corporation," or "corp."(B) No corporation or other person organized or applying to do business in this state shall use the word or abbreviation "cooperative," "coop," "co-operative," or "co-op" as a part of its corporate or other business name or title, unless at least one of the following applies:(1) It is organized under this chapter.(2) It is organized and operating on a cooperative basis under Chapter 1702. of the Revised Code.(3) It is organized and operating in accordance with the cooperative laws of another state, the District of Columbia, or the United States.(4) It is a state or federally chartered credit union.
Ohio Rev Code § 1729.06 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.06 | Number of Incorporators - Statutory Agent.

Effective: May 20, 2014|Latest Legislation:  Senate Bill 98 - 130th General Assembly|(A) Two or more individuals may form an association under this chapter. (B)(1) Every association shall have and maintain a statutory agent upon whom any process, notice, or demand against the association may be served. The agent shall be one of the following:(a) A natural person who is a resident of this state;(b) A domestic or foreign corporation, nonprofit corporation, limited liability company, partnership, limited partnership, limited liability partnership, limited partnership association, professional association, business trust, or unincorporated nonprofit association that has a business address in this state. If the agent is an entity other than a domestic corporation, the agent shall meet the requirements of Title XVII of the Revised Code for an entity of the agent's type to transact business or exercise privileges in this state.(2) Whenever appointment or designation of a statutory agent is required by this chapter, the appointment or designation shall be on a form prescribed by the secretary of state for the administration of this chapter and shall conform with section 1702.06 of the Revised Code.
Ohio Rev Code § 1729.07 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.07 | Articles of Incorporation.

Effective: September 3, 2004|Latest Legislation:  House Bill 288 - 125th General Assembly|(A) The articles of incorporation of an association shall set forth all of the following:(1) The name of the association;(2) The association's purposes, as permitted by this chapter. It is sufficient to state in the articles that the association may engage in any activity within the purposes for which associations may be organized under this chapter.(3) The county and municipal corporation or township where the association's principal place of business will be located which need not be within this state;(4) The names and addresses of the incorporators;(5) The number of its directors or a statement that the number of directors shall be as specified in the bylaws;(6) The names and addresses of those who are to serve as directors until the first meeting of members or until the election and qualification of their successors;(7) Whether the association is organized with or without capital stock.(a) If the association is organized without capital stock, the articles shall set forth the general rules by which the property rights and interests of each member are to be determined.(b) If the association is organized with capital stock, the total amount of the stock, the number and par value of the shares, and dividend rights, if any. If there is more than one class of stock, the articles shall set forth a statement of the number of shares in each class and a statement of the designations, preferences, rights, and limitations of the shares in each class.(B) The articles may include additional provisions, consistent with law, including provisions that are required or permitted to be set forth in the bylaws.(C) The articles shall be signed by the incorporators and filed with the secretary of state in accordance with section 1729.12 of the Revised Code. The articles shall be accompanied by the appointment of a statutory agent in accordance with division (B) of section 1729.06 of the Revised Code. The legal existence of an association begins upon the filing of the articles and, unless the articles provide otherwise, its period of existence is perpetual.
Ohio Rev Code § 1729.08 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.08 | Amendment or Restatement of Articles.

Effective: September 3, 2004|Latest Legislation:  House Bill 288 - 125th General Assembly|(A) The articles of incorporation of an association may be altered or amended at any regular meeting of the association or at any special meeting called for that purpose, provided that the text of the proposed change, or a general description of the change, is contained in the notice of the meeting. An amendment shall first be approved by two thirds of the directors and shall then be adopted by an affirmative vote of sixty per cent of the member votes cast on the amendment or, if the articles provide or permit, by the affirmative vote of a greater majority or by the affirmative vote of a simple majority of all member votes eligible to be cast on the amendment.(B) Amendments to the articles of incorporation, when so adopted, shall be filed in accordance with section 1729.12 of the Revised Code.(C) The board of an association may adopt a restatement of the articles without a member vote if the restatement merely incorporates amendments previously approved by the board and adopted by the members. An association may, by action taken in the manner required for an amendment, adopt restated articles that contain amendments made at the time of the restatement. Restated articles shall state that they are restated, or restated and amended, if amendments are adopted with the restatement, and shall supersede the existing articles and amendments. Restated articles shall meet the requirements of section 1729.07 of the Revised Code, except that the names and addresses of the incorporators and initial directors may be omitted. A restatement of the articles shall be filed in the manner prescribed for an amendment of the articles.(D) Except as provided in the articles of incorporation, the board may adopt an amendment to the articles of incorporation without a member vote in any of the following cases:(1) To change the principal place of business of the association;(2) To designate and determine the rights and restrictions of a series within a class of capital stock, if permitted by the articles;(3) To reduce the authorized number of shares of any class or series of capital stock to any number down to and including the number of the shares issued and outstanding, and to assign the authorization for the number of shares so reduced to another class or classes of capital stock previously authorized;(4) After a merger, consolidation, conversion, division, or occurrence of any other contingent event referred to in the articles of incorporation, to eliminate from the articles any statement or provision pertaining exclusively to the merger, consolidation, conversion, division, or occurrence, and to make other changes required by such elimination, but only after the deleted item has been superseded in accordance with the articles of incorporation or otherwise is no longer in effect.
Ohio Rev Code § 1729.10 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.10 | Evidence of Incorporation.

Effective: August 5, 1998|Latest Legislation:  House Bill 600 - 122nd General Assembly|(A) A copy of the association's articles of incorporation or amended articles filed in the office of the secretary of state, and certified by the secretary of state, is conclusive evidence, except as against the state, that the association has been incorporated under the laws of this state; and a copy certified by the secretary of state of any certificate of amendment or other certificate is prima-facie evidence of such amendment or of the facts stated in the certificate, and of the observance and performance of all antecedent conditions necessary to the action that the certificate purports to evidence.(B) A copy of amended articles filed in the office of the secretary of state, and certified by the secretary of state, shall be accepted in this state and other jurisdictions in lieu of the original articles, amendments to the articles, and prior amended articles.(C) The original or a copy of the record of minutes of the proceedings of the incorporators of an association, or of the proceedings or meetings of the members or any class of stockholders, or of the directors, or of any committee thereof, including any written consent, waiver, release, or agreement entered in such record or minutes, or the original or a copy of a statement that no specified proceeding was had or that no specified consent, waiver, release, or agreement exists, shall, when certified to be true by the secretary or an assistant secretary of an association, be received in the courts as prima-facie evidence of the facts stated therein. Every meeting referred to in the certified original or copy is considered duly called and held, and all motions and resolutions adopted and proceedings had at the meeting are considered duly adopted and had, and all elections of directors and all elections or appointments of officers chosen at the meeting are considered valid, until the contrary is proved; and whenever a person who is not a member, patron, or stockholder of an association has acted in good faith in reliance upon any such certified original or copy, it is conclusive in that person's favor.
Ohio Rev Code § 1729.11 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.11 | Reinstatement of Association.

Effective: September 3, 2004|Latest Legislation:  House Bill 288 - 125th General Assembly|(A) An association whose articles of incorporation have been canceled or an association that has been dissolved in a manner other than for a voluntary dissolution as provided in section 1729.55 of the Revised Code, or a judicial dissolution as provided in section 1729.61 of the Revised Code, may be reinstated by filing, on a form prescribed by the secretary of state for the administration of this chapter, an application for reinstatement and the required appointment of a statutory agent, and by paying a filing fee of ten dollars.(B) Upon reinstatement of an association's articles of incorporation, the rights, privileges, and franchises, including all real or personal property rights and credits and all contract and other rights, of the association existing at the time that its articles were canceled or the dissolution became effective shall continue in effect as if the articles had not been canceled or the dissolution had not occurred; and the association shall again be entitled to exercise the rights, privileges, and franchises authorized by its articles.
Ohio Rev Code § 1729.12 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.12 | Filing Articles and Certificates of Amendment.

Effective: August 5, 1998|Latest Legislation:  House Bill 600 - 122nd General Assembly|(A) For filing articles of incorporation or a certificate of amendment of articles or a certificate of merger, consolidation, division, or dissolution, and with respect to the issuance of shares of stock, an association organized under this chapter shall pay to the secretary of state the fees imposed by section 111.16 of the Revised Code. In the case of a certificate of division, the filing fee shall be the same as for a certificate of merger or consolidation.(B) When the articles of incorporation, or a certificate of amendment of articles, or a certificate of merger, consolidation, conversion, division, or dissolution is filed with the secretary of state, the secretary of state shall, if the articles or certificate complies with this chapter, endorse approval thereon, the date of filing, a file number, and make a legible copy thereof by any authorized method. The original or a copy of the articles or certificate, certified by the secretary of state, shall be returned to the person filing the articles or certificate.(C) All persons shall have the opportunity to acquire a copy of the articles and other certificates filed and recorded in the office of the secretary of state, but no person dealing with the association shall be charged with constructive notice of the contents of any such articles or certificates by reason of the filing or recording.
Ohio Rev Code § 1729.13 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.13 | Dividends - Stock - Security Interest.

Effective: August 5, 1998|Latest Legislation:  House Bill 600 - 122nd General Assembly|(A) An association may pay dividends annually on its capital stock. All its other net income from business with or for members and other eligible patrons, less reserves which shall be provided for in the bylaws or other written agreements, shall be distributed to its members and other eligible patrons on the basis of patronage as provided in the bylaws or other written agreements. Any receipts or dividends from subsidiary corporations, or from stock or other securities owned by the association, may be included in the ordinary receipts of the association, and may be distributed accordingly.(B) An association, at any time, may purchase its own common stock at par or book value as determined by the board.(C) An association shall have a continued perfected security interest in its membership stock and patronage stock to secure payment of any indebtedness or other obligation of the holder or owner to the association. Notwithstanding Chapters 1308. and 1309. of the Revised Code, the security interest shall have priority over all other perfected security interests. Unless otherwise provided in the association's articles of incorporation or bylaws, or by contract, a member or other patron has no right to compel an association to offset its membership stock or patronage stock against any indebtedness or obligation owed to the association.
Ohio Rev Code § 1729.14 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.14 | Bylaws.

Effective: August 5, 1998|Latest Legislation:  House Bill 600 - 122nd General Assembly|Each association shall adopt for its governance and management, bylaws that are consistent with the powers granted by this chapter and the articles of incorporation of the association. The bylaws may provide for any of the following:(A) The time, place, and manner of calling and conducting the association's meetings;(B) The number of members constituting a quorum. If voting by any method other than personal appearance is used, members represented by a ballot or by proxy may be counted in computing a quorum only on those matters for which the ballots or proxies were submitted.(C) The right of members to vote by proxy or by ballot delivered in person, by mail, by electronic or telephonic transmittal, or any combination of these, and the conditions, manner, form, and effect of such votes;(D) Subject to the provisions of section 1729.17 of the Revised Code, a method of voting by members or delegates, and any limitations on voting rights of any group or class of members or delegates;(E) The number of directors constituting a quorum;(F) The number, qualifications, compensation, duties, and terms of office of directors and officers, and the time of their election and the manner of giving notice of the election;(G) Penalties for violation of the bylaws;(H) The amounts of entrance, organization, and membership fees, if any; the manner of collecting them; and the purposes for which they may be used;(I) Any amount that each member is required to pay annually or from time to time to carry on the business of the association; any charge to be paid by each member for services rendered by the association, and the time of payment and the manner of collection of such charge; and any marketing contract between the association and its members that every member may be required to sign;(J) The number and qualifications of members of the association and the conditions of membership or for ownership of membership stock in the association;(K) The time and manner of permitting members to withdraw or the holders of membership stock to transfer their stock; and the manner of assignment and transfer of membership stock;(L) The conditions upon which, and the time when, the membership of any member ceases; and the suspension of the rights of a member who ceases to be eligible for membership in the association;(M) The manner and effect of the expulsion of a member;(N) In the event of the death or withdrawal of a member or upon the expulsion of a member or the forfeiture of membership, any of the following:(1) The manner of determining the value of a member's interest;(2) Provision for the purchase of a member's interest by the association;(3) At the option of the association, provision for such purchase at a price fixed by appraisal by the board of directors of the association.(O) Any other provision for any matter relative to the control, regulation, operation, management, or government of the association.
Ohio Rev Code § 1729.16 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.16 | Adoption, Amendment, or Repeal of Bylaws.

Effective: September 3, 2004|Latest Legislation:  House Bill 288 - 125th General Assembly|(A) The initial bylaws may be adopted by the association's directors who are to serve until the first member meeting. After the initial bylaws are adopted, bylaws may be adopted and amended only by the members unless the articles or bylaws provide that the board, by a two-thirds vote of the entire board, may adopt or amend the bylaws or any specified bylaw.(B) Any bylaw adopted or amended by the board shall be reported at the next member meeting. Any bylaw adopted or amended by the board shall not conflict with the association's articles of incorporation or with this chapter of the Revised Code. Any such bylaw is subject to amendment or repeal by the members at any time.(C) Unless the bylaws provide otherwise, any bylaw may be adopted, amended, or repealed by a majority of the member votes cast on the adoption, amendment, or repeal.
Ohio Rev Code § 1729.17 (2021)
2021 Ohio Revised Code|Title 17 | Corporations-Partnerships|Chapter 1729 | Ohio Cooperative Law|Section 1729.17 | Members or Delegates Entitled to Vote.

Effective: August 5, 1998|Latest Legislation:  House Bill 600 - 122nd General Assembly|(A) Each member entitled to vote shall have one vote, except that the articles or bylaws of the association may permit the following:(1) Voting by members in accordance with the amount of business done with or through the association.(2) Voting by delegates, including a voting system that provides any one or a combination of the following:(a) That a delegate may cast only one vote;(b) That a delegate may cast one vote for each member represented by the delegate;(c) That another form of delegate voting may be used.(3) Voting by delegates or certain members on matters that are to be submitted to a member vote.(4) Voting by any combination of the methods set forth in division (A)(1), (2), or (3) of this section or any other method of voting set forth in the bylaws, provided the association is controlled by the members.(B) If the articles or bylaws provide that only delegates or certain members are entitled to vote on matters to be submitted to a member vote, "member" or "members," as used in this chapter with respect to the right of a member to vote, voting procedure, the required proportion of member votes, actions that are required or permitted to be taken by members, and the number of members required for a quorum, means the delegates or other members entitled to vote. Where voting is based on the amount of business done, provisions of this chapter requiring a vote of the members are met if the required membership vote is satisfied based on the voting power of the members.