Ohio § 1715.29

§ 1715.29.

A benevolent or charitable association incorporated in this state, may vest the custody,

control, and management of all its endowment, capital, funds, and property in three

trustees, to be styled fiscal trustees.  One of such fiscal trustees shall be appointed by the court of common pleas of the

county where such association is located, one by the probate court of such county,

and one by the vote of a majority of the members of such association present at a

regular meeting duly convoked.  Such fiscal trustees shall hold their offices for three years, except the first

ones appointed, who shall hold office respectively for one, two, and three years.  They must meet in the presence of the probate judge, and, by agreement, or by lot

if they cannot agree, allot themselves accordingly, whereupon such judge shall give

to each a certificate of his term.  Upon the death, resignation, incapacity, or removal from the county of any of such

trustees, the vacancy must be filled for the unexpired term by the same appointing

power. Such fiscal trustees shall not be appointed except upon the written request of the

association, filed in such probate court, in accordance with a resolution adopted

by it at a regular meeting duly convoked.  Until such appointment the association at a regular meeting may elect any number

of fiscal trustees, not less than three, with such power, subject to such duties,

and for such time not more than three years, as the association determines by its

bylaws.