Ohio Code § 1746.16
Ohio Code § 1746.16. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1746.16.
(A) Any business trust that transacts business in this state in violation of this chapter
shall forfeit not less than one thousand nor more than ten thousand dollars. Such forfeiture shall be recovered in an action in the name of the state brought
in the court of common pleas of Franklin county, or in the court of common pleas of
any county in which the business trust has transacted business or has property or
a place of business, by the attorney general or the prosecuting attorney. If such action is brought by the attorney general, such forfeiture shall on collection
be paid into the state treasury to the credit of the general revenue fund. If brought by the prosecuting attorney, one-half of such forfeiture shall on collection
be paid to the treasurer of the county in which action was brought and one-half shall
be paid into the state treasury to the credit of the general revenue fund. In addition to such forfeiture, the court shall render a judgment that the business
trust pay the filing fees required by division (B) of section 1746.04 of the Revised Code , plus interest on the fees at the rate of eight per cent per annum for the time during
which the court determines that the business trust transacted business in this state
in violation of section 1746.03 of the Revised Code . An action for the recovery of such forfeiture and filing fee shall be brought within
five years after the business trust has ceased to transact business in this state. (B) For good cause shown, the secretary of state, with the consent of the attorney general,
before or after judgment, or the court in which an action is pending for the collection
of a forfeiture, may remit all or part of the forfeiture.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1746.16
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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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
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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 § 1746.16 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 § 1746.16 still in force?
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