Ohio § 4953.05 General corporation laws apply

Ohio Statutes

§ 4953.05 — General corporation laws apply

Ohio § 4953.05

Title 49Public Utilities

Ch. 4953Transportation Terminal Companies

This text of Ohio § 4953.05 (General corporation laws apply) 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. § 4953.05 (2026).

Text

When a union terminal company is incorporated by individuals as provided in sections4953.01to4953.12, inclusive, of the Revised Code, its organization shall be in the manner provided by sections1701.01to1701.98, inclusive, of the Revised Code.

The capital stock of such company may be divided into common and preferred stock in the same manner and to the same extent as in the case of corporations organized under such sections.

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When a union terminal company is incorporated by individuals as provided in sections4953.01to4953.12, inclusive, of the Revised Code, its organization shall be in the manner provided by sections1701.01to1701.98, inclusive, of the Revised Code.

The capital stock of such company may be divided into common and preferred stock in the same manner and to the same extent as in the case of corporations organized under such sections.