Ohio Code 1729.85 – Stock not considered securities
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Membership stock and patronage stock of a cooperative are not to be considered securities under Chapter 1707 of the Revised Code.
Terms Used In Ohio Code 1729.85
- Cooperative: means an association or a foreign association. See Ohio Code 1729.01
- Patronage stock: means any stock or other equity interest in a cooperative that was originally issued by the cooperative with respect to patronage transactions. See Ohio Code 1729.01