Ohio Code § 4961.34

Ohio Code § 4961.34. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 4961.34.

If a stockholder refuses to submit the question of the value of the stock to arbitration,

as provided by section 4961.33 of the Revised Code , upon the application of a director of either of the companies parties to the contract,

the proper judge shall appoint the arbitrators, who shall proceed to ascertain the

value of the stock as if the question has been submitted by consent of both parties.  If the party owning the stock refuses to receive the amount awarded him, the company

may deposit it with the clerk of the court of common pleas of the county in which

the arbitration is held, which deposit shall operate as if payment were made to the

owner of the stock.

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

At a glance

  • Citation: Ohio Revised Code § 4961.34
  • 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 § 4961.34?

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 § 4961.34 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 § 4961.34 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Statutes are amended, repealed, and renumbered every session.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.