Effective: April 12, 2021
Latest Legislation: Senate Bill 276 - 133rd General Assembly
The statement of limitation on liabilities of a series required by division (B)(3) of section 1706.761 of the Revised Code is sufficient regardless of whether either of the following applies:
(A) The limited liability company has established any series under this chapter when the statement of limitations is contained in the articles of organization;
(B) The statement of limitations makes reference to a specific series of the limited liability company.
Structure Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1706 | Ohio Revised Limited Liability Company Act
Section 1706.01 | Limited Liability Company Definitions.
Section 1706.02 | The Revised Limited Liability Company Act.
Section 1706.03 | Knowledge and Notification of Facts.
Section 1706.04 | Separate Legal Entity.
Section 1706.05 | Scope of Authority of Limited Liability Company.
Section 1706.06 | Interpretation and Application of Revised Limited Liability Company Act.
Section 1706.061 | Authority of State Law Over Limited Liability Companies.
Section 1706.07 | Naming of Limited Liability Company.
Section 1706.08 | Limited Liability Company Operating Agreements.
Section 1706.081 | Enforcement of Operating Agreements.
Section 1706.082 | Operating Agreement Amendment, Provision of Rights, Obligations.
Section 1706.09 | Legal Agents of Limited Liability Companies.
Section 1706.16 | Articles of Organization.
Section 1706.161 | Amendments to Articles of Organization.
Section 1706.17 | Filed Records of a Limited Liability Company to Be Signed.
Section 1706.171 | Incomplete or Undelivered Records.
Section 1706.172 | Records Requirements.
Section 1706.173 | Certificates of Correction.
Section 1706.174 | Incorrect or Inaccurate Records - Penalty.
Section 1706.18 | Binding of Limited Liability Company.
Section 1706.19 | Statement of Authority, Amendments and Cancellation, Certificate of Dissolution.
Section 1706.20 | Statement of Denial.
Section 1706.26 | Liabilities of Limited Liability Company Members.
Section 1706.27 | Admission as a Member of a Limited Liability Company.
Section 1706.28 | Contributions of Members of a Limited Liability Company.
Section 1706.281 | Obligation to Make a Contribution.
Section 1706.29 | Distributions of Limited Liability Company.
Section 1706.30 | Direction and Oversight of a Limited Liability Company.
Section 1706.31 | Duties of a Member to a Limited Liablity Company and Other Members.
Section 1706.311 | Duties of a Manager to a Limited Liability Company and Its Members.
Section 1706.32 | Indemnification, Advancement, Reimbursement, and Insurance.
Section 1706.33 | Right of Members and Dissociated Members to Records.
Section 1706.331 | Reliance on Reports and Information.
Section 1706.332 | Power of Personal Representative of Deceased Member.
Section 1706.34 | Member's Membership Interest Is Personal Property and Assignable.
Section 1706.341 | Assignment of Limited Liability Company Interest.
Section 1706.342 | Charging Order Relating to Judgments.
Section 1706.41 | Wrongful Dissociation.
Section 1706.411 | Circumstances Causing Dissociation.
Section 1706.412 | Effect of Dissociation.
Section 1706.46 | Cancellation and Reinstatement.
Section 1706.47 | Dissolution.
Section 1706.471 | Effect of Dissolution.
Section 1706.472 | Winding Up of Limited Liability Company Activities.
Section 1706.473 | Claims Against Dissolved Limited Liability Company.
Section 1706.474 | Publication of Dissolution.
Section 1706.475 | Winding Up Payment to Creditors and Distribution of Surplus.
Section 1706.51 | Foreign Limited Liability Company Governing Law.
Section 1706.511 | Foreign Limited Liability Company Registration.
Section 1706.512 | Actions Not Constituting Transacting Business in Ohio.
Section 1706.513 | Complying Name for Registration.
Section 1706.514 | Cancellation of Registration With Secretary of State.
Section 1706.515 | Collection of Debts Without Registration Prohibited.
Section 1706.61 | Right of Derivative Action.
Section 1706.611 | Member Standing for Derivative Action.
Section 1706.612 | Written Demand Requirement.
Section 1706.613 | Stay of Derivative Action.
Section 1706.614 | Dismissal of Derivative Action.
Section 1706.615 | Discontinuance or Settlement.
Section 1706.616 | Payment of Expenses.
Section 1706.617 | Jurisdiction of Derivative Action Proceedings.
Section 1706.62 | Member Suit Against Other Members.
Section 1706.71 | Merger Authority, Conditions, and Conversion of Ownership Interests.
Section 1706.711 | Merger Approval, Amendment, or Abandonment.
Section 1706.712 | Merger Certificate and Effective Date.
Section 1706.713 | Merger Effect.
Section 1706.72 | Conversion to or From Llc Form.
Section 1706.721 | Conversion Approval, Amendment, or Abandonment.
Section 1706.722 | Conversion Certificate and Effective Date.
Section 1706.723 | Conversion Effect.
Section 1706.73 | Merger or Conversion Consent if Personal Liability Will Attach.
Section 1706.74 | Merger or Conversion Under Other Law.
Section 1706.76 | Separate Asset Series-Designation by Operating Agreement.
Section 1706.761 | Separate Asset Series-Limited Liability Statement.
Section 1706.762 | Separate Asset Series-How Assets Held.
Section 1706.763 | Separate Asset Series-Limited Liability Statement Effective.
Section 1706.764 | Separate Asset Series-Wrongful Dissociation From Series.
Section 1706.765 | Separate Asset Series-Circumstances Causing Dissociation From Series.
Section 1706.766 | Separate Asset Series-Effect of Dissociation.
Section 1706.767 | Separate Asset Series-Effect of Series Dissolution.
Section 1706.768 | Separate Asset Series-Events Causing Series Dissolution.
Section 1706.769 | Separate Asset Series-Activities and Proceedings After Dissolution.
Section 1706.7610 | Separate Asset Series-Responsibility to Wind Up Activities After Dissolution.
Section 1706.7611 | Separate Asset Series-Disposition of Claims After Dissolution.
Section 1706.7612 | Separate Asset Series-Notice of Dissolution and Limitation of Claims.
Section 1706.7613 | Separate Asset Series-Distribution of Funds Upon Wind Up.
Section 1706.81 | Effect on Federal Law.
Section 1706.82 | Llc May Act Outside the State.
Section 1706.83 | Chapter Applies to All Llcs on and After February 11, 2022.