Ohio Revised Code
Chapter 1776 | Ohio Uniform Partnership Act
Section 1776.81 | Conversion to Limited Liability Partnership.

Effective: August 6, 2008
Latest Legislation: House Bill 332 - 127th General Assembly
(A) A partnership may become a limited liability partnership pursuant to this section.
(B) Any terms and conditions by which a partnership becomes a limited liability partnership shall be approved by the vote necessary to amend the partnership agreement except when the partnership agreement expressly considers obligations to contribute to the partnership, in which case the required vote is the vote necessary to amend those provisions.
(C) After the approval division (B) of this section requires, a partnership may become a limited liability partnership by filing with the secretary of state a statement of qualification. The statement shall contain all of the following:
(1) The name of the partnership;
(2) The street address of the partnership's chief executive office and, if the partnership's chief executive office is not in this state, the street address of any office in this state;
(3) If the partnership does not have an office in this state, the name and street address of the partnership's agent for service of process;
(4) A statement that the partnership elects to be a limited liability partnership;
(5) Any deferred effective date.
(D) The agent of a limited liability partnership for service of process shall be an individual who is a resident of this state or other person authorized to do business in this state.
(E) The status of a partnership as a limited liability partnership is effective on the later of the filing of the statement or a date specified in the statement. The status remains effective, regardless of changes in the partnership, until it is canceled pursuant to division (D) of section 1776.05 of the Revised Code or revoked pursuant to section 1776.83 of the Revised Code.
(F) The status of a partnership as a limited liability partnership and the liability of its partners is not affected by errors or later changes in the information required to be contained in the statement of qualification under division (C) of this section.
(G) The filing of a statement of qualification establishes that a partnership has satisfied all conditions precedent to the qualification of the partnership as a limited liability partnership.
(H) An amendment or cancellation of a statement of qualification is effective when it is filed or on a deferred effective date specified in the amendment or cancellation.
(I) Notwithstanding any contrary provisions of this chapter, a domestic partnership having the status of a registered limited liability partnership under predecessor law has the status of a limited liability partnership under this chapter as of the date this chapter governs that partnership, which is on or after the first day of January, 2009, but not later than the first day of January, 2010. To the extent the partnership has not filed a statement of qualification pursuant to this section, the latest application or renewal application filed by that partnership under the predecessor law constitutes a statement of qualification under this section.

Structure Ohio Revised Code

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.

Section 1776.95 | Application of Chapter to Partnerships.

Section 1776.96 | Application of Chapter to Proceedings.