Ohio § 4953.06
Full text of Ohio Ohio Revised Code § 4953.06, with citation guidance and answers to common questions.
§ 4953.06.
The president of each railroad company which participates in the incorporation of
a union terminal company as provided in section 4953.01 to 4953.12, inclusive, of the Revised Code , shall, ex officio, be a director in the union terminal company, unless the board
of directors of any such railroad company appoints some other person as director. When such union terminal company is organized by not less than five persons, its
board of directors shall be elected by its stockholders. All questions which affect the pecuniary liabilities and expenditures, the election
of officers, and the appointment of agents and employees, shall be regulated by the
bylaws, rules, and regulations of such companies. Such bylaws, rules, and regulations shall not be inconsistent with the charter of
the company and the general laws of the state. The board of directors of the union terminal company shall keep a record of its proceedings
which record shall be open to the inspection of the stockholders.
Frequently Asked Questions About Ohio § 4953.06
What does Ohio Revised Code § 4953.06 cover?
Section 4953.06 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 § 4953.06?
A common citation format is "Ohio Revised Code § 4953.06" (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 § 4953.06 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.