Ohio § 1701.36 Shares deemed retired

Ohio Statutes

§ 1701.36 — Shares deemed retired

Ohio § 1701.36

Title 17Corporations-Partnerships

Ch. 1701General Corporation Law

This text of Ohio § 1701.36 (Shares deemed retired) 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. § 1701.36 (2026).

Text

(A)Whenever convertible shares are converted into shares of another class, the shares surrendered upon such conversion shall be deemed retired and shall not be reissued as convertible shares.

(B)Whenever redeemable shares are redeemed, purchased, or otherwise acquired by the corporation, such shares shall be deemed retired.

(C)Shares released from subscription shall be deemed retired.

(D)Unless otherwise provided in the articles, the directors may retire treasury shares.

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(A) Whenever convertible shares are converted into shares of another class, the shares surrendered upon such conversion shall be deemed retired and shall not be reissued as convertible shares.

(B) Whenever redeemable shares are redeemed, purchased, or otherwise acquired by the corporation, such shares shall be deemed retired.

(C) Shares released from subscription shall be deemed retired.

(D) Unless otherwise provided in the articles, the directors may retire treasury shares.