Ohio § 1746.17 Validity of contracts or titles not affected by violation

Ohio Statutes

§ 1746.17 — Validity of contracts or titles not affected by violation

Ohio § 1746.17

Title 17Corporations-Partnerships

Ch. 1746Business Trusts

This text of Ohio § 1746.17 (Validity of contracts or titles not affected by violation) 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. § 1746.17 (2026).

Text

(A)The transaction of business in this state by a business trust in violation of this chapter does not affect the validity of any contract with such trust, or the validity of the title to any estate or interest in real or personal property taken, held, or disposed of by such trust. No business trust that has transacted business in violation of this chapter, nor any persons acting on its behalf, shall maintain any action in any court of this state until it has fully complied with this chapter and further paid to the secretary of state a forfeiture of one thousand dollars.

(B)Full compliance with this section prior to the bringing of an action to recover a forfeiture under section1746.16of the Revised Code constitutes a bar to such action.

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(A) The transaction of business in this state by a business trust in violation of this chapter does not affect the validity of any contract with such trust, or the validity of the title to any estate or interest in real or personal property taken, held, or disposed of by such trust. No business trust that has transacted business in violation of this chapter, nor any persons acting on its behalf, shall maintain any action in any court of this state until it has fully complied with this chapter and further paid to the secretary of state a forfeiture of one thousand dollars.

(B) Full compliance with this section prior to the bringing of an action to recover a forfeiture under section1746.16of the Revised Code constitutes a bar to such action.