Ohio Code 122.132 – Duties of director of development
The director of development shall do all of the following:
Terms Used In Ohio Code 122.132
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: means the state of Ohio. See Ohio Code 1.59
- Undertaking: includes a bond. See Ohio Code 1.02
(A) Develop, collect, and disseminate information useful to individuals and organizations throughout the state in undertaking or promoting the establishment and successful operation of employee-owned corporations;
(B) Assist in the evaluation of the feasibility and economic vitality of employee-owned corporation proposals received in the employee ownership assistance program;
(C) Provide technical assistance and counseling services to individuals who seek to form an employee-owned corporation;
(D) Provide assistance and counseling in the operation of an employee-owned corporation;
(E) Assist individuals in obtaining financing for the purchase and operation of an employee-owned corporation;
(F) Promote and coordinate the efforts of local, state, federal, or private organizations to assist in the formation or operation of employee-owned corporations;
(G) Recommend appropriate legislative or executive actions to enhance opportunities for employee-owned corporations in this state;
(H) Prescribe all forms for assistance requests and publish materials describing the employee ownership assistance program’s services;
(I) Adopt rules under Chapter 119 of the Revised Code for the conduct of the employee ownership assistance program.