Ohio § 4971.06
Full text of Ohio Ohio Revised Code § 4971.06, with citation guidance and answers to common questions.
§ 4971.06.
In cases of railroad companies organized or reorganized under the laws of this state,
in which the organization or reorganization agreement provides and stipulates that
any class of creditors, bondholders, or stockholders of the original company, shall
in any way be restricted or limited in participation in profits or dividends or distributions,
or in respect to liens or the right to vote as the holders of stock or securities
in the reorganized company, such reorganized company, and its directors and officers,
shall issue the certificate of stock or securities into which the original stock,
securities, or debts may be convertible with such restrictions or limitations distinctly
set forth on the face of each so that purchasers may be advised of the terms of such
restrictions or limitations. Holders of stock or securities created under such reorganization agreements may
have only such restricted or limited rights, liens, participation in profits, dividends
or distributions, and right to vote thereon, as are set forth in such agreements,
certificate of stock, or securities.
Frequently Asked Questions About Ohio § 4971.06
What does Ohio Revised Code § 4971.06 cover?
Section 4971.06 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 § 4971.06?
A common citation format is "Ohio Revised Code § 4971.06" (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 § 4971.06 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.