Ohio Revised Code (Last Updated: January 27, 2016) |
Title 11. XI FINANCIAL INSTITUTIONS |
Chapter 1115. BANKS - ACQUISITIONS AND REORGANIZATIONS |
Section 1115.20. Protecting rights of creditors
Latest version.
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In any transfer, consolidation, or merger under this chapter, the rights of creditors shall be preserved unimpaired, and the constituent corporations shall be deemed to continue their separate existence if the continuation is necessary to preserve any creditor's rights.
Effective Date: 01-01-1997