Ohio Code § 1701.27
Ohio Code § 1701.27. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1701.27.
(A) In case a certificate for shares is lost, stolen, or destroyed, the court of common
pleas or the probate court of the county in which the principal office of the corporation
is located shall have jurisdiction to hear and determine all questions respecting
such loss, theft, or destruction, the person interested therein, the bond required
to be given to protect the corporation or any person injured by the execution and
delivery of a new certificate, the terms on which a new certificate shall be executed
and delivered, and the costs and counsel fees, if any, to be allowed to the corporation. (B) A corporation which voluntarily and in good faith executes and delivers a new certificate
in lieu of one believed to have been lost, stolen, or destroyed, or which executes
and delivers a new certificate in compliance with an order of a court of competent
jurisdiction, may recognize the person named in the new certificate, or any certificate
thereafter executed and delivered in exchange or substitution for such new certificate,
as the owner of the shares described therein for all purposes, until the owner of
the original certificate, or a transferee thereof without notice and for value, enjoins
the corporation and the holder of any new certificate, or any certificate executed
and delivered in exchange or substitution for such new certificate, from so acting. (C) Special provisions in section 1308.41 of the Revised Code relating to the replacement of lost, apparently destroyed, or wrongfully taken securities
shall govern to the exclusion of the provisions of this section on this subject, except
where it clearly appears that a special provision is cumulative, in which case it
and the provisions of this section on the same subject shall apply.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1701.27
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1701.27?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1701.27 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1701.27 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.