Ohio § 1313.06
Full text of Ohio Ohio Revised Code § 1313.06, with citation guidance and answers to common questions.
§ 1313.06.
At an election under section 1313.05 of the Revised Code creditors representing fifty per cent or more of the debts of the assignor, present
or represented by attorney, may proceed to the election of trustees for the benefit
of creditors, a majority in value of all the debts represented at such meeting being
necessary to a choice. The proceedings of the meeting showing what creditors were present, the amount of
the debts held by them respectively, and who cast their several votes must be made
out and signed by the president and secretary of the meeting and filed with the probate
court. If the court approves the choice, and the trustees elected appear within ten days
thereafter and give bond, the court shall appoint them as trustees, and remove the
preceding assignee or trustee. The summary determination of the court as to who are creditors and the amount of their
claims under section 1313.05 of the Revised Code , has no effect as to the validity of such claims, except for the purpose of such
election.
Frequently Asked Questions About Ohio § 1313.06
What does Ohio Revised Code § 1313.06 cover?
Section 1313.06 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 § 1313.06?
A common citation format is "Ohio Revised Code § 1313.06" (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 § 1313.06 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.