Ohio § 1702.27
Full text of Ohio Ohio Revised Code § 1702.27, with citation guidance and answers to common questions.
§ 1702.27.
(A) Except as provided in division (B) of this section and section 1702.521 of the Revised Code : (1) The number of directors as fixed by the articles or the regulations shall be not
less than three or, if not so fixed, the number shall be three, except that if there
are only one or two members of the corporation, the number of directors may be less
than three but not less than the number of members. (2)(a) Subject to division (A)(2)(c) of this section, unless the articles or the regulations
fix the number of directors or provide the manner in which that number may be fixed
or changed by the voting members, the number may be fixed or changed at a meeting
of the voting members called for the purpose of electing directors, if a quorum is
present, by the affirmative vote of a majority of the voting members present in person,
by the use of authorized communications equipment, by mail, or, if permitted, by proxy. (b) For purposes of division (A)(2)(a) of this section, participation by a voting member
in a meeting through the use of any of the means of communication described in that
division constitutes presence in person of that voting member at the meeting for purposes
of determining a quorum. (c) No reduction in the number of directors shall of itself have the effect of shortening
the term of any incumbent director. (3) Each director shall be a natural person and shall have the qualifications, if any,
that are stated in the articles or the regulations. (4) The articles or the regulations may provide that persons occupying certain positions
within or without the corporation shall be ex officio directors, but, unless otherwise
provided in the articles or the regulations, such ex officio directors shall not be
considered for quorum purposes and shall have no vote. (B) The court of common pleas of the county in which the corporation maintains its principal
office may, pursuant to division (A) of section 1702.521 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 § 1702.27
What does Ohio Revised Code § 1702.27 cover?
Section 1702.27 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 § 1702.27?
A common citation format is "Ohio Revised Code § 1702.27" (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 § 1702.27 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.