Ohio § 5719.13
Full text of Ohio Ohio Revised Code § 5719.13, with citation guidance and answers to common questions.
§ 5719.13.
Taxes assessed on the shares of stock of a dealer in intangibles shall be a lien on
such shares from the first day of January in each year until they are paid. Each dealer in intangibles shall collect the taxes due from the owners of such shares
and remit the same to the tax commissioner, who shall accept the remittance on behalf
of the treasurer of state. The remittance shall be made payable to the treasurer of state and shall be made
in the form prescribed by the commissioner. Any dealer in intangibles who fails to pay said taxes as provided in this section
shall be liable by way of penalty for the gross amount of the taxes due from all the
owners of shares, and for an additional amount of one hundred dollars for each day
of delay in the payment of said taxes. A dealer in intangibles who pays the taxes assessed upon its shares in the hands of
its shareholders, as provided in this section, may deduct the amount thereof from
dividends or distributions that are due or thereafter become due on such shares, and
shall have a lien on the shares of stock and all funds belonging to such shareholders
in its possession, or which come into its possession, for reimbursement of such tax
paid on account of the shareholders, with legal interest. Such lien may be enforced in any appropriate manner.
Frequently Asked Questions About Ohio § 5719.13
What does Ohio Revised Code § 5719.13 cover?
Section 5719.13 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 § 5719.13?
A common citation format is "Ohio Revised Code § 5719.13" (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 § 5719.13 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.