Ohio § 1701.90
Full text of Ohio Ohio Revised Code § 1701.90, with citation guidance and answers to common questions.
§ 1701.90.
(A) Whenever, after a corporation is dissolved voluntarily or the articles of a corporation
have been cancelled or the period of existence of a corporation has expired, a receiver
is appointed to wind up the affairs of the corporation, all the claims, demands, rights,
interests, or liens of creditors, claimants, and shareholders shall be determined
as of the day on which the receiver was appointed unless those claims, demands, rights,
interests, or liens have already been determined under section 1701.881 of the Revised Code . Unless it is otherwise ordered, such appointment vests in the receiver and the receiver's
successors the right to the immediate possession of all the property of the corporation,
which shall, if so ordered, execute and deliver conveyances of such property to the
receiver or the receiver's nominee. (B) Any officer, director, shareholder, or other person, whether a resident of the state
or a non-resident and however interested, may be appointed as receiver. (C) Unless otherwise ordered, the receiver shall have all the authority vested in the
directors and officers of the corporation, shall exercise such authority subject to
such orders as are made by the court, and may be required to qualify by giving bond
to the state in such amount as the court fixes, with surety to the satisfaction of
the clerk of the court, conditioned for the faithful discharge of the receiver's duties
and for a due accounting for all money or property received by the receiver.
Frequently Asked Questions About Ohio § 1701.90
What does Ohio Revised Code § 1701.90 cover?
Section 1701.90 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 § 1701.90?
A common citation format is "Ohio Revised Code § 1701.90" (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 § 1701.90 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.