Ohio Code 926.34 – Misapplication or conversion of assets
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No person shall knowingly misapply or convert for personal use the inventory, funds, or credits of a corporation licensed as a handler under this chapter.
Terms Used In Ohio Code 926.34
- 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.
- handler: means any person who is engaged in the business of agricultural commodity handling. See Ohio Code 926.01
- Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59