October 16, 2024
Corporate Compliance
Nonprofit Law Dissolutions and License Reinstatements
Effective October 24 House Bill 301 amends nonprofit corporation laws regarding dissolutions and director duties. Senate Bill 98 limits license reinstatements to two years post-cancellation and addresses fraudulent business filings. Senate Bill 94 mandates counties to provide electronic recording by June 30, 2026, allows for document preservation fees, and increases recording fees for property transactions.
"To amend sections 181.21, 345.13, 517.23, 1701.86, 1702.27, 1702.30, 1702.33, 1702.38, 1702.521, 1702.53, 1702.55, 1745.05, 1901.02, 1907.11, 2505.02, 2929.20, and 2967.26; to enact new section 135.032 and sections 181.26, 1702.341, 1702.531, and 3109.055; and to repeal sections 135.032 and 135.321 of the Revised Code to amend the Nonprofit Corporation Law, the law governing dissolving corporations, and the law governing the repair or replacement of a mausoleum or columbarium; to replace two part-time judgeships in the Ashtabula County County Court with one full-time judge, and to include the village of North Kingsville and Kingsville, Monroe, and Sheffield Townships within the territorial jurisdiction of the Conneaut Municipal Court; to expand the authority of a board of trustees of a political subdivision soldiers' memorial; to modify the law governing public depositories; to establish a standing juvenile committee within the state criminal sentencing commission; to allow an immediate appeal of a court order restricting enforcement of state law; to allow a court to order parents to undergo conciliation with a magistrate in a custody proceeding; and to reiterate the effective date of judicial release and transitional control provisions enacted in S.B. 288 of the 134th General Assembly.."
View More
"To amend sections 181.21, 345.13, 517.23, 1701.86, 1702.27, 1702.30, 1702.33, 1702.38, 1702.521, 1702.53, 1702.55, 1745.05, 1901.02, 1907.11, 2505.02, 2929.20, and 2967.26; to enact new section 135.032 and sections 181.26, 1702.341, 1702.531, and 3109.055; and to repeal sections 135.032 and 135.321 of the Revised Code to amend the Nonprofit Corporation Law, the law governing dissolving corporations, and the law governing the repair or replacement of a mausoleum or columbarium; to replace two part-time judgeships in the Ashtabula County County Court with one full-time judge, and to include the village of North Kingsville and Kingsville, Monroe, and Sheffield Townships within the territorial jurisdiction of the Conneaut Municipal Court; to expand the authority of a board of trustees of a political subdivision soldiers' memorial; to modify the law governing public depositories; to establish a standing juvenile committee within the state criminal sentencing commission; to allow an immediate appeal of a court order restricting enforcement of state law; to allow a court to order parents to undergo conciliation with a magistrate in a custody proceeding; and to reiterate the effective date of judicial release and transitional control provisions enacted in S.B. 288 of the 134th General Assembly.."
View More