Ohio § 1702.51

§ 1702.51.

(A) Whenever, after a corporation is dissolved voluntarily or the articles of a corporation

have been canceled 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 members shall be determined as of

the day on which the receiver was appointed.  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, member, or other person, whether a resident of the state or

a nonresident and however interested, may be appointed as receiver. (C) 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.