# Ohio Rev. Code § 1713.10: Endowment fund diverted

> Ohio · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.10

## Section

- **Citation:** Ohio Rev. Code § 1713.10
- **Heading:** Endowment fund diverted
- **Jurisdiction:** Ohio
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Ohio Revised Code / Title 17 / Chapter 1713 / § 1713.10

## Text

October 1, 1953 House Bill 1 - 100th General Assembly The board of trustees of a corporation incorporated to create, hold, and manage a college endowment fund, the articles of incorporation of which provide that the fund may be applied to any object not inconsistent with the purposes of education different from that particularly specified therein, may apply to the court of common pleas in the county in which the corporation is located for permission to make such change, designating particularly the purposes to which it is proposed to apply the fund. On being satisfied that such change is not inconsistent with the object of the original creation and institution of the fund, the court shall authorize and sanction it.

## Nearby sections

- [Ohio Rev. Code § 1713.01 § 1713.01. Institution defined](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.01.md)
- [Ohio Rev. Code § 1713.02 § 1713.02. Certificate of authorization](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.02.md)
- [Ohio Rev. Code § 1713.03 § 1713.03. Standards for certificate of authorization](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.03.md)
- [Ohio Rev. Code § 1713.04 § 1713.04. Certificate subject to revocation](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.04.md)
- [Ohio Rev. Code § 1713.05 § 1713.05. Rates for loans to students](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.05.md)
- [Ohio Rev. Code § 1713.06 § 1713.06. Corporation may be restrained from exercise of its franchise](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.06.md)
- [Ohio Rev. Code § 1713.07 § 1713.07. Institution may hold donated property in trust](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.07.md)
- [Ohio Rev. Code § 1713.08 § 1713.08. Faculty](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.08.md)
- [Ohio Rev. Code § 1713.09 § 1713.09. Location may be changed](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.09.md)
- [Ohio Rev. Code § 1713.10 § 1713.10. Endowment fund diverted](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.10.md)
- [Ohio Rev. Code § 1713.11 § 1713.11. Temporary loans secured by mortgage authorized](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.11.md)
- [Ohio Rev. Code § 1713.12 § 1713.12. Sections applicable to certain boards of trustees](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.12.md)
- [Ohio Rev. Code § 1713.13 § 1713.13. Trustees to be divided into classes - president ex-officio member - limitations and designations](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.13.md)
- [Ohio Rev. Code § 1713.14 § 1713.14. Term of office of trustees - vacancies](https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OH_T17_C1713_S1713.10. Check the current official text before relying on it. Not legal advice.