§ 1724.01 Community improvement corporations
§ 1724.02 Powers of corporation
§ 1724.03 Regulations for government of corporation – board of directors
§ 1724.04 Articles of incorporation
§ 1724.05 Annual financial report
§ 1724.06 Failure to file annual financial report
§ 1724.07 Application of remaining assets after dissolution or liquidation
§ 1724.08 Applicability of nonprofit corporation laws
§ 1724.09 Savings clause
§ 1724.10 Political designating community improvement corporation as agency for development
§ 1724.11 Confidentiality of information
§ 1724.12 Contributions from municipal corporation that created downtown redevelopment district

Terms Used In Ohio Code > Chapter 1724 - Community Improvement Corporations

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bond: includes an undertaking. See Ohio Code 1.02
  • Community improvement corporation: means an economic development corporation or a county land reutilization corporation. See Ohio Code 1724.01
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • County land reutilization corporation: means a corporation organized under section 1724. See Ohio Code 1724.01
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Economic development corporation: means a corporation organized for the purposes described in division (B)(1) of this section. See Ohio Code 1724.01
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
  • Personal property: All property that is not real property.
  • Population: means that shown by the most recent regular federal census. See Ohio Code 1.59
  • Property: means real and personal property. See Ohio Code 1.59
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • state: means the state of Ohio. See Ohio Code 1.59
  • United States: includes all the states. See Ohio Code 1.59