Ohio Revised Code § 5703.92 - Exercising Powers After Articles Of Incorporation Or Certificate Of Authority Canceled; Penalty.

No person shall exercise or attempt to exercise any powers, privileges, or franchises under the articles of incorporation or certificate of authority of a corporation after the articles or certificate has been canceled as provided in section 5703.91 of the Revised Code. A penalty of one hundred dollars shall be imposed for each day a violation of this section occurs, up to a maximum of five thousand dollars.

Added by 130th General Assembly File No. 25, HB 59, ยง101.01, eff. 9/29/2013.

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Last modified: October 10, 2016