Ohio § 1702.521

Full text of Ohio Ohio Revised Code § 1702.521, with citation guidance and answers to common questions.

§ 1702.521.

(A) Upon the complaint of not less than one-fourth of the directors of the corporation

or upon the complaint of not less than one-fourth of the voting members of the corporation,

the court of common pleas of the county in which the corporation maintains its principal

office may order the appointment of a provisional director for that corporation if

the articles or regulations of the corporation expressly provide for such an appointment.  No appointment shall be made until a hearing is held by the court.  Notice of the hearing shall be given to each director and the secretary of the corporation

in any manner that the court directs.  The complainants shall establish at the hearing that, because of irreconcilable

differences among the existing directors or because there are no directors and the

voting members are unable to elect any directors, the continued operation of the corporation

has been substantially impeded or made impossible. (B) A provisional director shall have the same rights and duties as other directors and

shall serve until removed by the appointing court or by the members of the corporation

entitled to exercise a majority of the voting power of the corporation in the election

of directors or until the provisional director's earlier resignation or death.  If the provisional director dies or resigns, the court, pursuant to division (A)

of this section, may appoint a replacement provisional director, upon its own motion

and without the filing of a complaint for the appointment of a provisional director.  If the appointing court finds that the irreconcilable differences no longer exist,

it shall order the removal of the provisional director. (C) No person shall be appointed as a provisional director unless the person is generally

conversant with corporate affairs, has no legal or equitable interest in the obligations

of the corporation of which the person is to be appointed a director, and is not indebted

to such corporation.  The compensation of a provisional director shall be determined by agreement with

the corporation for which the provisional director is serving, subject to the approval

of the appointing court, except that the appointing court may fix the provisional

director's compensation in the absence of agreement or in the event of disagreement

between the provisional director and the corporation. (D) A proceeding concerning the appointment of a provisional director of a corporation

is a special proceeding, and final orders issued in the proceeding may be vacated,

modified, or reversed on appeal pursuant to the Rules of Appellate Procedure and,

to the extent not in conflict with those rules, Chapter 2505. of the Revised Code.

Frequently Asked Questions About Ohio § 1702.521

What does Ohio Revised Code § 1702.521 cover?

Section 1702.521 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 § 1702.521?

A common citation format is "Ohio Revised Code § 1702.521" (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 § 1702.521 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.