Ohio Code § 1729.60

Ohio Code § 1729.60. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1729.60.

(A) Whenever, after an association is dissolved voluntarily, the articles of an association

have been canceled, or the period of existence of an association has expired, a receiver

is appointed to wind up the affairs of the association, all the claims, demands, rights,

interests, or liens of creditors, claimants, members, patrons, and stockholders shall

be determined as of the day on which the receiver was appointed.  Unless it is otherwise ordered, such appointment vests in the receiver and successors

of the receiver the right to the immediate possession of all the property of the association,

which shall, if so ordered, execute and deliver conveyances of such property to the

receiver. (B) Any officer, director, member, or other person, whether a resident of the state or

a nonresident and however interested, may be appointed as receiver. (C) The receiver shall have all the authority vested in the directors and officers of

the association, shall exercise such authority subject to such orders as are made

by the court, and may be required to qualify by giving bond to the state in such amount

as the court fixes, with surety to the satisfaction of the clerk of the court, conditioned

for the faithful discharge of duties and for a due accounting for all money or property

received.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 1729.60
  • 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 § 1729.60?

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 § 1729.60 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 § 1729.60 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Statutes are amended, repealed, and renumbered every session.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.