Section 1701.52 | Vote of shareholders required - proportion.

• Effective: October 11, 1955
• Latest Legislation: House Bill 70 - 101st General Assembly

Notwithstanding any provision in sections 1701.01 to 1701.98, inclusive, of the Revised Code requiring for any purpose the vote, consent, waiver, or release of the holders of a designated proportion (but less than all) of the shares of any particular class or of each class, the articles may provide that for such purpose the vote, consent, waiver, or release of the holders of a greater or lesser proportion of the shares of such particular class or of each class shall be required, but unless otherwise expressly permitted by such sections such proportion shall be not less than a majority.

Available Versions of this Section

• October 11, 1955 – House Bill 70 - 101st General Assembly