Ohio Code § 1726.12
Ohio Code § 1726.12. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1726.12.
If any development corporation fails to prepare an annual financial report as required
by section 1726.11 of the Revised Code and to file that report with the auditor of state within ninety days of the time
prescribed for that filing by that section, or if the auditor of state determines
by applying the standards applicable to a public office under section 117.41 of the Revised Code that any development corporation cannot be audited and declares it to be unauditable
and the corporation fails to then prepare an annual financial report as required by section 1726.11 of the Revised Code and to file that report with the auditor of state within ninety days of the time
that the auditor of state declared the corporation to be unauditable, or if any annual
financial report discloses that any development corporation has failed to begin business
for a period of three years from the effective date of the filing of its articles
of incorporation, the auditor of state shall certify that fact to the secretary of
state. The secretary of state then shall cancel the articles of the development corporation
involved by appropriate entry upon the margin of the record of the articles. All the powers, privileges, and franchises conferred upon that development corporation
by those articles of incorporation then shall cease. The secretary of state shall immediately notify that development corporation of
the action taken.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1726.12
- 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 § 1726.12?
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 § 1726.12 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 § 1726.12 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.