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2021 Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1701 | General Corporation Law
Section 1701.34 | Recovery of Unclaimed Dividend or Distribution.
Universal Citation: Ohio Rev Code § 1701.34 (2021)
Effective: July 30, 1984
Latest Legislation: House Bill 250 - 115th General Assembly
If a corporation has declared a cash dividend or distribution on any shares and has mailed to a shareholder at his address appearing on the records of the corporation a valid check in the amount of the dividend or distribution to which such shareholder is entitled, and such check would have been honored if duly presented to the bank on which it is drawn, no action for the recovery of such dividend or distribution or the amount thereof shall be brought by the shareholder or other person entitled to such dividend or distribution more than six years after the date of mailing the check.
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