Ohio § 1745.50
Full text of Ohio Ohio Revised Code § 1745.50, with citation guidance and answers to common questions.
§ 1745.50.
(A) An unincorporated nonprofit association may be dissolved voluntarily in the manner
provided in this section. (B) A resolution of dissolution for an unincorporated nonprofit association shall set
forth all of the following: (1) That the association elects to be dissolved; (2) Any additional provision considered necessary with respect to the proposed dissolution
and winding up of affairs. (C) The managers of an unincorporated nonprofit association may adopt a resolution of
dissolution in any of the following cases: (1) If the association has been adjudged bankrupt or has made a general assignment for
the benefit of creditors; (2) By leave of the court, if a receiver has been appointed in a general creditors' suit
or in any suit in which the affairs of the association are to be wound up; (3) If substantially all of the assets of the association have been sold at judicial
sale; (4) When the period of existence of the association specified in its governing principles
has expired or upon the occurrence of another event or condition specified in its
governing principles; (5) If no members of the association can be identified and the association's operations
have been discontinued for at least three years by the managers or, if the association
has no incumbent managers, by its last preceding incumbent manager. (D) The members of an unincorporated nonprofit association may adopt a resolution of
dissolution by the affirmative vote of the members.
Frequently Asked Questions About Ohio § 1745.50
What does Ohio Revised Code § 1745.50 cover?
Section 1745.50 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 § 1745.50?
A common citation format is "Ohio Revised Code § 1745.50" (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 § 1745.50 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.