Ohio § 4967.12
Full text of Ohio Ohio Revised Code § 4967.12, with citation guidance and answers to common questions.
§ 4967.12.
Upon the consummation of any consolidation or merger, all the rights, privileges,
and franchises of each of the companies, parties to the agreement of consolidation
or merger, and all its property, debts due on account of subscriptions for stock,
and other things in action, are to be deemed transferred to and vested in, or remain
vested in, such new or surviving company without further act or deed. All property, rights of way, and other interests, are as effectually the property
of the new or surviving company as they were formerly of the companies parties to
the agreement. Titles to real estate acquired by deed, gift, grant, or by appropriation under the
laws of this state shall not revert or be impaired by reason of the consolidation
or merger. Rights of creditors and liens upon the property of the respective companies shall
be preserved unimpaired, and the respective companies shall be deemed to continue
in existence to preserve them. Debts, liabilities, and duties of the respective companies attach to the new or
surviving company, and are enforceable against it to the same extent as if such debts,
liabilities, and duties had been contracted by it.
Frequently Asked Questions About Ohio § 4967.12
What does Ohio Revised Code § 4967.12 cover?
Section 4967.12 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 § 4967.12?
A common citation format is "Ohio Revised Code § 4967.12" (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 § 4967.12 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.