Section 1701.53 | Vote of shareholders required for rescission or revocation.
Effective:
October 11, 1955
Latest Legislation:
House Bill 70 - 101st General Assembly
The authorization or taking of any action by vote, consent, waiver, or release of the shareholders may be rescinded or revoked by the same vote, consent, waiver, or release as at the time of rescission or revocation would be required to authorize or take such action in the first instance, subject to the contract rights of other persons.
Available Versions of this Section
- October 11, 1955 – House Bill 70 - 101st General Assembly [ View October 11, 1955 Version ]