Ohio § 5312.03
Full text of Ohio Ohio Revised Code § 5312.03, with citation guidance and answers to common questions.
§ 5312.03.
(A)(1) An owners association shall administer a planned community, and a board of directors
the owners elect from among the owners and their spouses shall exercise all power
and authority of the owners association. If an owner is not an individual, any principal, member of a limited liability company,
partner, director, officer, trustee, or employee of the owner may be elected to the
board. The majority of the board shall not consist of owners or representatives from the
same lot unless authorized by a resolution adopted by the board of directors prior
to the board majority being comprised of owners or representatives from the same lot. (2) Unless otherwise provided, a board of directors may carry out any action this chapter
requires or allows an owners association to take, subject to any vote required of
the owners. (B) A declarant shall establish an owners association not later than the date upon which
the first lot in the planned community is conveyed to a bona fide purchaser for value. The owners association shall be organized as a nonprofit corporation pursuant to
Chapter 1702. of the Revised Code. (C)(1) If provided in the declaration, a declarant may control the owners association for
the period of time the declaration specifies. During the time of declarant control, the declarant or the declarant's designee
may appoint and remove the members of the board. The period of declarant control shall terminate not later than the time at which
all of the lots have been transferred to owners. (2) Not later than the termination of any period of declarant control, the owners shall
elect a board of directors comprised of the number of members the declaration or bylaws
specify.
Frequently Asked Questions About Ohio § 5312.03
What does Ohio Revised Code § 5312.03 cover?
Section 5312.03 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 § 5312.03?
A common citation format is "Ohio Revised Code § 5312.03" (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 § 5312.03 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.