Ohio § 1701.56
Full text of Ohio Ohio Revised Code § 1701.56, with citation guidance and answers to common questions.
§ 1701.56.
(A) Except as provided in division (B) of this section and section 1701.911 of the Revised Code : (1) The number of directors may be fixed by the articles or the regulations, but the
number so fixed shall not be less than one. (2) Unless the articles or the regulations fix the number of directors or provide the
manner in which such number may be fixed or changed by the shareholders, the number
may be fixed or changed to a number not less than one at a meeting of the shareholders
called for the purpose of electing directors at which a quorum is present, by the
affirmative vote of the holders of a majority of the shares which are represented
at the meeting and entitled to vote on the proposal. In addition to the authority of the shareholders to fix or change the number of
directors and the manner in which such number may be fixed or changed, the articles
or the regulations may authorize the directors to change the number of directors,
may specify the manner in which the directors are to change the number of directors
and limitations upon the directors' use of this authority, and may authorize the directors
who are in office to fill any director's office that is created by an increase in
the number of directors. No reduction in the number of directors shall of itself have the effect of shortening
the term of any incumbent director. (3) The directors shall be natural persons of at least eighteen years of age and shall
have such qualifications, if any, as are stated in the articles or the regulations. (4) The directors may elect a chairperson of the board who shall be a director. Unless otherwise provided in the articles or regulations or in a resolution of the
directors, the chairperson of the board is not an officer of the corporation. (B) The court of common pleas of the county in which a corporation maintains its principal
office may, pursuant to division (A) of section 1701.911 of the Revised Code , order the appointment of a provisional director for the corporation without regard
to the number or qualifications of directors stated in the articles or regulations
of the corporation.
Frequently Asked Questions About Ohio § 1701.56
What does Ohio Revised Code § 1701.56 cover?
Section 1701.56 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1701.56?
A common citation format is "Ohio Revised Code § 1701.56" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1701.56 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.