Ohio § 1745.54
Full text of Ohio Ohio Revised Code § 1745.54, with citation guidance and answers to common questions.
§ 1745.54.
(A) If after an unincorporated nonprofit association is dissolved voluntarily or the
period of existence of the association has expired a receiver is appointed to wind
up the affairs of the association, all of 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, that appointment vests in the receiver and the receiver's
successors the right to the immediate possession of all of the property of the association
that shall, if so ordered, execute and deliver conveyances of the property to the
receiver or the receiver's nominee. (B) Any manager, member, or other person, whether a resident or nonresident of this state
and however interested, may be appointed as receiver. (C) The receiver has all the authority vested in the managers and members of the association,
shall exercise that authority subject to the orders that are made by the court, and
may be required to qualify by giving bond to the state in the amount that 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.
Frequently Asked Questions About Ohio § 1745.54
What does Ohio Revised Code § 1745.54 cover?
Section 1745.54 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 § 1745.54?
A common citation format is "Ohio Revised Code § 1745.54" (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 § 1745.54 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.