Ohio § 1747.03
Full text of Ohio Ohio Revised Code § 1747.03, with citation guidance and answers to common questions.
§ 1747.03.
(A) Before transacting real estate business in this state, a real estate investment trust
shall file the following report in the office of the secretary of state, on forms
prescribed by the secretary of state: (1) An executed copy of the trust instrument or a true and correct copy of it, certified
to be such by a trustee before an official authorized to administer oaths or by a
public official in another state in whose office an executed copy is on file; (2) A list of the names and addresses of its trustees; (3) The address of its principal office; (4) In the case of a foreign real estate investment trust, the address of its principal
office within this state, if any; (5) The business name of the trust; (6)(a) The name and primary residence or usual place of business address within this state
of a designated agent upon whom process against the trust may be served; (b) As used in division (A)(6)(a) of this section, “ usual place of business ” means a place in this state that is customarily open during normal business hours
and where an individual is generally present who is authorized to perform the services
of a registered agent, including accepting service of process and other notifications
for the person serving as a statutory agent. “Usual place of business” does not include a post office box, regardless of whether
that post office box has an associated street address. (7) The irrevocable consent of the trust to service of process on its designated agent
and to service of process upon the secretary of state if, without the registration
of another agent with the secretary of state, its designated agent has died, resigned,
lost authority, dissolved, become disqualified, or has removed from this state, or
if its designated agent cannot, with due diligence, be found; (8) Not more than ninety days after the occurrence of any event causing any filing made
pursuant to divisions (A)(2) to (6) of this section, or any previous filing made pursuant
to this division, to be inaccurate or incomplete, all information necessary to maintain
the accuracy and completeness of such filing. (B) For filings under this section, the secretary of state shall charge and collect the
fee specified in division (T) of section 111.16 of the Revised Code , except for filings under division (A)(8) of this section pertaining solely to division
(A)(6) of this section, for which the secretary of state shall charge and collect
the fee specified in division (R) of section 111.16 of the Revised Code . (C) All persons shall be given the opportunity to acquire knowledge of the contents of
the trust instrument and other information filed in the office of the secretary of
state, but no person dealing with a real estate investment trust shall be charged
with constructive notice of the contents of any such instrument or information by
reason of such filing. (D) A copy of a trust instrument or other information filed in the office of the secretary
of state is prima-facie evidence of the existence of the instrument or other information
and of its contents, and is conclusive evidence of the existence of such record. (E) The agent designated pursuant to division (A)(6) of this section shall be one of
the following: (1) A natural person who is a resident of this state; (2) A domestic or foreign corporation, nonprofit corporation, limited liability company,
partnership, limited partnership, limited liability partnership, limited partnership
association, professional association, business trust, or unincorporated nonprofit
association that has a business address in this state. If the agent is an entity other than a domestic corporation, the agent shall meet
the requirements of Title XVII of the Revised Code for an entity of the agent's type
to transact business or exercise privileges in this state.
Frequently Asked Questions About Ohio § 1747.03
What does Ohio Revised Code § 1747.03 cover?
Section 1747.03 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 § 1747.03?
A common citation format is "Ohio Revised Code § 1747.03" (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 § 1747.03 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.