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The Ohio Planned Community Law, found under O.R.C. § 5312.01, regulates the creation, authority, management, and operations of planned communities in the state. ing to this law, all homeowners associations must record a declaration and a set of bylaws with the county recorder's office.
Section 5312.11 | Individual lot assessments. (3) Costs associated with the enforcement of the declaration or the rules and regulations of the owners association, including, but not limited to, attorney's fees, court costs, and other expenses; (4) Costs or charges the declaration or bylaws permit.
To make amendments to your Ohio Corporation, just fill out the Certificate of Amendment by Directors or Incorporators to Articles form (540) or the Certificate of Amendment by Shareholders or Members form (541).
Ohio Revised Code section 1701.591 requires close corporations to have a close corporation agreement. This agreement must be approved by every single shareholder of the company.
(A) Subject to sections 1746.14, 1747.09, and 2131.09 of the Revised Code, no interest in real or personal property shall be good unless it must vest, if at all, not later than twenty-one years after a life or lives in being at the creation of the interest.