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2020 Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1701 | General Corporation Law
Section 1701.65 | Corporate Mortgages.
Universal Citation:
Ohio Rev Code § 1701.65 (2020)
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Effective: October 11, 1955
Latest Legislation: House Bill 70 - 101st General Assembly
The directors may authorize any mortgage, pledge, or deed of trust of all or any of the property of the corporation of any description, or any interest therein, for the purpose of securing the payment or performance of any obligation or contract. Unless otherwise provided in the articles, no vote or consent of shareholders is necessary for such action.
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