{"data":{"id":"us-oh/ohio-rev.-code-4905.46","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 4905.46","heading":"Restrictions on dividend or distribution.","body":"No public utility or railroad shall declare any stock, bond, or scrip dividend or distribution, or divide the proceeds of the sale of any stock, bond, or scrip among its stockholders, unless it is authorized to do so by the public utilities commission.\nThis section does not apply to telephone companies.","path":["Title 49 Public Utilities","Chapter 4905 Public Utilities Commission - General Powers"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-4905.46","current_through":"2010-09-13 (Senate Bill 162 - 128th General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:38Z","sha256":"8893a0ea3c347ef3fcbdc2245e9b09bdcb67d749079e4a2cd6a450af1bd34e73","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-4905.45","next":"us-oh/ohio-rev.-code-4905.47"},"notice":"GroundRules: Original legal text. Not legal advice."}