Ohio Code § 4953.06

Ohio Code § 4953.06. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 4953.06.

The president of each railroad company which participates in the incorporation of

a union terminal company as provided in section 4953.01 to 4953.12, inclusive, of the Revised Code , shall, ex officio, be a director in the union terminal company, unless the board

of directors of any such railroad company appoints some other person as director.  When such union terminal company is organized by not less than five persons, its

board of directors shall be elected by its stockholders. All questions which affect the pecuniary liabilities and expenditures, the election

of officers, and the appointment of agents and employees, shall be regulated by the

bylaws, rules, and regulations of such companies.  Such bylaws, rules, and regulations shall not be inconsistent with the charter of

the company and the general laws of the state. The board of directors of the union terminal company shall keep a record of its proceedings

which record shall be open to the inspection of the stockholders.

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

At a glance

  • Citation: Ohio Revised Code § 4953.06
  • 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 § 4953.06 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 § 4953.06 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Statutes are amended, repealed, and renumbered every session.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.

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