Ohio Purchase by company of its stock

State:
Multi-State
Control #:
US-CC-4-122
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Purchase by Company of its Stock document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

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.

The Ohio Control Share Acquisition Act further specifies that the acquiring person may only acquire the shares of the Ohio issuing public corporation upon the affirmative vote of (1) a majority of the voting power of the Ohio issuing public corporation in the election of directors (the ?voting power?) represented in ...

Whoever knowingly and willfully obstructs or retards the passage of the mail, or any carrier or conveyance carrying the mail, shall be fined under this title or imprisoned not more than six months, or both. (June 25, 1948, ch. 645, 62 Stat.

Mergers in Ohio Once the agreement and plan of merger is completed, the agreement must be approved by the target company's board of directors and then approved by the shareholders of the domestic company.

The termination of any action, suit, or proceeding by judgment, order, settlement, or conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the person did not act in good faith and in a manner the person reasonably believed to be in or not opposed to the best ...

Section 1701.01 | General corporation law definitions. As used in sections 1701.01 to 1701.98 of the Revised Code, unless the context otherwise requires: (A) "Corporation" or "domestic corporation" means a corporation for profit formed under the laws of this state.

Ohio shareholders have the right to examine and copy the articles of incorporation, regulations, books and records, minutes, records of shareholders and voting trust agreements. Ohio Rev. Code Ann.

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Ohio Purchase by company of its stock