Ohio Statutes
§ 1701.29 — Organizing and financing expenses
Ohio § 1701.29
This text of Ohio § 1701.29 (Organizing and financing expenses) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 1701.29 (2026).
Text
A corporation may pay as cost of organization or reorganization the reasonable expenses incident thereto, and it may also pay or allow reasonable expenses, compensation, or discount for the sale, underwriting, or purchase of any of its shares; such payment or allowance shall not have the effect of rendering shares not fully paid and nonassessable.
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Legislative History
Effective: October 11, 1955 | Latest Legislation: House Bill 70 - 101st General Assembly
Nearby Sections
15
§ 1701.01
General corporation law definitions§ 1701.02
Computation of time for notice§ 1701.03
Purposes of corporation§ 1701.04
Articles of incorporation§ 1701.041
Exemptions for disaster workers§ 1701.06
Express terms of shares§ 1701.09
Subscriptions for shares§ 1701.13
Authority of corporationCite This Page — Counsel Stack
Bluebook (online)
Ohio § 1701.29, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1701.29.