A foreign corporation holding an unexpired and uncanceled license under sections 1703.01 to 1703.31, inclusive, of the Revised Code, shall not be subject to process of attachment under any law of this state on the ground that it is a foreign corporation nonresident of this state.

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Terms Used In Ohio Code 1703.20

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • 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.
  • state: means the state of Ohio. See Ohio Code 1.59