Ohio § 1702.21
Full text of Ohio Ohio Revised Code § 1702.21, with citation guidance and answers to common questions.
§ 1702.21.
(A) When any domestic corporation or domestic business corporation holds membership in
a domestic or foreign corporation, the chairperson of the board, the president, any
vice-president, the secretary, or the treasurer of the corporation or business corporation
holding such membership, and any such officer or cashier or trust officer of a banking
or trust corporation holding such membership, and any like officer of a foreign corporation
or foreign business corporation, or of a foreign banking or trust corporation, holding
membership in a domestic corporation, shall conclusively be deemed to have authority
to vote on behalf of that corporation or business corporation, and to appoint proxies
and execute written consents, waivers, and releases on its behalf, unless, before
a vote is taken or a consent, waiver, or release is acted upon, it appears by a certified
copy of the regulations, the bylaws, or a resolution of the directors, or executive
committee of that corporation or business corporation that such authority does not
exist or is vested in some other officer or person. (B) When any domestic or foreign limited liability company holds membership in a domestic
or foreign corporation, any manager or member of the limited liability company holding
that membership shall conclusively be deemed to have authority to vote on behalf of
that limited liability company and to appoint proxies and execute written consents,
waivers, and releases on its behalf, unless before a vote is taken or a consent, waiver,
or release is acted upon, it appears by a certified copy of the articles of organization,
operating agreement, or a resolution of the managers or the members of that limited
liability company that such authority does not exist or is vested in some other representative
or person. (C) For the purpose of this section, a person exercising authority as an officer, representative,
or other person entitled to vote and acting in that capacity is prima-facie deemed
to be duly elected, qualified, and acting as that officer, representative, or other
person entitled to vote and acting in that capacity.
Frequently Asked Questions About Ohio § 1702.21
What does Ohio Revised Code § 1702.21 cover?
Section 1702.21 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 § 1702.21?
A common citation format is "Ohio Revised Code § 1702.21" (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 § 1702.21 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.