Effective: August 6, 2008
Latest Legislation: House Bill 332 - 127th General Assembly
(A) Except as otherwise provided in division (B) of this section and in section 1776.36 of the Revised Code, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under section 1776.64 of the Revised Code.
(B) A partner who, with knowledge of the dissolution, incurs a partnership liability under division (B) of section 1776.64 of the Revised Code by an act that is not appropriate for winding up the partnership business is liable to the partnership for any damage caused to the partnership arising from the liability.
Structure Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1776 | Ohio Uniform Partnership Act
Section 1776.01 | Definitions.
Section 1776.02 | Knowledge or Notice.
Section 1776.03 | Effect of Partnership Agreement - Nonwaivable Provisions.
Section 1776.04 | Supplemental Principles of Law - Usury.
Section 1776.05 | Execution, Filing, and Recording of Statements.
Section 1776.06 | Governing Law.
Section 1776.07 | Agent for Service of Process.
Section 1776.08 | Service of Process by Delivery.
Section 1776.10 | Service of Process by Delivery.
Section 1776.11 | Failure to Execute Statement or Agreement.
Section 1776.12 | Correction of Inaccurate or Defective Statement.
Section 1776.21 | Partnership as Entity Distinct From Partners.
Section 1776.22 | Formation of Partnership.
Section 1776.23 | Partnership Property.
Section 1776.24 | Partner Contributions - Penalties for Failure to Contribute.
Section 1776.31 | Partner Agent of Partnership.
Section 1776.32 | Transfer of Partnership Property.
Section 1776.33 | Statement of Partnership Authority.
Section 1776.34 | Statement of Denial.
Section 1776.35 | Partnership Liable for Partner's Actionable Conduct.
Section 1776.36 | Partner's Liability.
Section 1776.37 | Actions by and Against Partnership and Partners.
Section 1776.38 | Liability of Purported Partner.
Section 1776.41 | Partner's Rights and Duties.
Section 1776.42 | Distributions in Kind.
Section 1776.43 | Partner's Rights and Duties Respecting Information.
Section 1776.44 | General Standards of Partner's Conduct.
Section 1776.45 | Actions by Partnership and Partners.
Section 1776.46 | Continuation of Partnership Beyond Definite Term or Particular Undertaking.
Section 1776.47 | Partner Not Co-Owner of Partnership Property.
Section 1776.48 | Partner's Transferable Interest in Property.
Section 1776.49 | Transfer of Partner's Transferable Interest.
Section 1776.50 | Partner's Transferable Interest Subject to Charging Order.
Section 1776.51 | Events Causing Partner's Dissociation.
Section 1776.52 | Partner's Power to Dissociate - Wrongful Dissociation.
Section 1776.53 | Effect of Partner's Dissociation.
Section 1776.54 | Purchase of Dissociated Partner's Interest.
Section 1776.55 | Dissociated Partner's Power to Bind and Liability to Partnership.
Section 1776.56 | Dissociated Partner's Liability to Other Persons.
Section 1776.57 | Statement of Dissociation.
Section 1776.58 | Continued Use of Partnership Name.
Section 1776.61 | Events Causing Dissolution and Winding Up of Partnership Business.
Section 1776.62 | Partnership Continues After Dissolution.
Section 1776.63 | Right to Wind Up Partnership Business.
Section 1776.64 | Partner's Power to Bind Partnership After Dissolution.
Section 1776.65 | Statement of Dissolution.
Section 1776.66 | Partner's Liability to Other Partners After Dissolution.
Section 1776.67 | Settlement of Accounts and Contributions Among Partners.
Section 1776.68 | Merger or Consolidation of Partnerships Into Domestic Partnership.
Section 1776.69 | Merger or Consolidation of Partnerships Into Another Entity.
Section 1776.70 | Certificate of Merger or Consolidation.
Section 1776.71 | Effect of Merger or Consolidation.
Section 1776.72 | Conversion of Another Entity Into Domestic Partnership.
Section 1776.73 | Conversion of Domestic Partnership Into Another Entity.
Section 1776.74 | Certificate of Conversion - Effective Date.
Section 1776.75 | Effect of Conversion - Action to Set Aside.
Section 1776.76 | Relief for Dissenting Partner.
Section 1776.77 | Dissenting Partner's Demand for Fair Cash Value of Interests.
Section 1776.78 | Dissenting Partner's Complaint.
Section 1776.79 | Judgment Creditors.
Section 1776.81 | Conversion to Limited Liability Partnership.
Section 1776.82 | Name of Limited Liability Partnership.
Section 1776.83 | Filing of Biennial Report.
Section 1776.84 | Distribution to Partner Where Partnership Insolvent.
Section 1776.85 | Foreign Limited Liability Partnership - Governing Law.
Section 1776.86 | Statement of Foreign Qualification.
Section 1776.87 | Action by Foreign Limited Liability Partnership.
Section 1776.88 | What Constitutes Transacting Business.
Section 1776.89 | Action to Restrain Foreign Limited Liability Partnership.
Section 1776.91 | Construction of Chapter.
Section 1776.92 | Short Title.