§ 845-27. Partnerships and Corporations.

For a partnership or a corporation to be eligible to enter into an agreement for use of market space, such partnership or corporation must be composed only of individuals and said individuals shall number no more than five. Said business shall enter into an agreement with the market manager whereby changes in the ownership of such entities shall be subject to the approval of the market manager. In addition, a corporation desiring to make use of market space must have the following language typed or printed in capital letters on the obverse side of all of its stock certificates:

THESE SHARES AND ALL OTHER SHARES OF THIS CORPORATION ARE SUBJECT TO AND LIMITED AS TO TRANSFER IN ACCORDANCE WITH SECTION 845-27 OF THE CINCINNATI MUNICIPAL CODE, AND WITH AN AGREEMENT BETWEEN THIS CORPORATION AND THE CITY OF CINCINNATI DATED _______.

A partnership desiring to make use of market space must amend its partnership agreement to reflect the requirements of this section, and the language of the amendment must be approved by the market manager.

Prior to entering into an agreement for use of market space, each partnership or corporation shall file with the market manager a statement setting forth the name and address of every partner or shareholder.

Partnerships and corporations which are not in compliance with this section shall not be authorized to use any city market space.

(Ord. 289-1994, eff. Aug. 8, 1994; a. Ord. No. 376-2016, § 2, eff. Jan. 7, 2017)