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Ohio Revised Code Chapter 1724 - Community Improvement Corporations
Section 1724.01 - Community Improvement Corporations.
(A) As used in this chapter: (1) "Community improvement corporation" means an economic development corporation or a county land reutilization corporation. (2) "Economic development...
Section 1724.02 - Powers Of Corporation.
In furtherance of the purposes set forth in section 1724.01 of the Revised Code, a community improvement corporation shall have the following powers: (A)...
Section 1724.03 - Regulations For Government Of Corporation - Board Of Directors.
(A) After the articles of incorporation have been filed, and at the first meeting of the board of directors of a county land reutilization...
Section 1724.04 - Articles Of Incorporation.
A county that elects under section 5722.02 of the Revised Code to adopt and implement the procedures set forth in sections 5722.02 to 5722.15...
Section 1724.05 - Annual Report.
Each community improvement corporation shall prepare an annual financial report that conforms to rules prescribed by the auditor of state pursuant to section 117.20...
Section 1724.06 - Failure To File Annual Financial Report.
If any community improvement corporation fails to prepare an annual financial report as required by section 1724.05 of the Revised Code and to file...
Section 1724.07 - Application Of Remaining Assets After Dissolution Or Liquidation.
In the event of any voluntary or involuntary dissolution, liquidation, or failure to reinstate the articles after cancellation of the community improvement corporation, any...
Section 1724.08 - Applicability Of Nonprofit Corporation Laws.
The provisions of Chapter 1702. of the Revised Code are applicable to corporations organized under Chapter 1724. of the Revised Code to the extent...
Section 1724.09 - Savings Clause.
Any corporation organized prior to August 17, 1961 and having similar purposes may be brought under Chapter 1724. of the Revised Code by the...
Section 1724.10 - Political Designating Community Improvement Corporation As Agency For Development.
(A) A community improvement corporation may be designated: (1) By a county, one or more townships, one or more municipal corporations, two or more...
Section 1724.11 - Confidentiality Of Information.
(A) When a community improvement corporation is acting as an agent of a political subdivision designated pursuant to section 1724.10 of the Revised Code...
Last modified: October 10, 2016