Effective: July 1, 1994
Latest Legislation: Senate Bill 74 - 120th General Assembly
(A) A person becomes a limited partner at the time the limited partnership is formed or at any later time specified in the records of the limited partnership for becoming a limited partner.
(B) After the filing of a limited partnership's original certificate of limited partnership, a person may be admitted as an additional limited partner in the following ways:
(1) In the case of a person acquiring a partnership interest directly from the limited partnership, upon compliance with the partnership agreement or, if the partnership agreement does not so provide, upon the written consent of all partners;
(2) In the case of an assignee of a partnership interest of a partner who has the power, as provided in section 1782.42 of the Revised Code, to grant the assignee the right to become a limited partner, upon the exercise of that power and compliance with any conditions limiting the grant or exercise of the power.
Structure Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1782 | Limited Partnerships
Section 1782.01 | Limited Partnership Definitions.
Section 1782.04 | Statutory Agent.
Section 1782.06 | Scope of Business.
Section 1782.07 | Partner's Transactions With Partnership.
Section 1782.08 | Certificate of Limited Partnership Required - Filing, Contents.
Section 1782.09 | Certificate of Amendment - Restatement of Certificate.
Section 1782.10 | Certificate of Cancellation - Amendment.
Section 1782.11 | Execution of Certificate.
Section 1782.12 | Petition for Execution of Certificate.
Section 1782.13 | Filing of Documents With Secretary of State.
Section 1782.14 | Liability for False Statement in Certificate.
Section 1782.15 | Filing Is Notice of Certain Fact.
Section 1782.16 | Copy of Certificates to Be Delivered or Mailed to Limited Partners.
Section 1782.17 | Person Becomes Limited Partner, When - Additional Limited Partners.
Section 1782.18 | Voting Rights.
Section 1782.19 | Rights, Powers, and Liabilities of Limited Partners.
Section 1782.20 | Erroneous Belief That One Is a Limited Partner.
Section 1782.21 | Right to Information.
Section 1782.22 | Additional General Partners.
Section 1782.23 | Person Ceases to Be a General Partner - When.
Section 1782.24 | General Partner - Rights and Powers.
Section 1782.241 | Care Owed by General Partner.
Section 1782.242 | Effect of Self-Dealing.
Section 1782.25 | Person May Be Both General and Limited Partner.
Section 1782.26 | Voting Rights of General Partners.
Section 1782.27 | Contributions of Partner.
Section 1782.29 | Allocation of Profits and Losses.
Section 1782.30 | Allocation of Distributions.
Section 1782.31 | Partner Entitled to Receive Distributions.
Section 1782.32 | Withdrawal of General Partner.
Section 1782.33 | Withdrawal of Limited Partner.
Section 1782.34 | Rights of Withdrawing Partner.
Section 1782.35 | Distributions.
Section 1782.37 | Restricting Distributions.
Section 1782.39 | Partnership Interest Is Personal Property.
Section 1782.40 | Partnership Interest - Assignable in Whole or in Part.
Section 1782.41 | Judgment Creditor of Partner.
Section 1782.42 | Assignee May Become Limited Partner.
Section 1782.43 | Rights of Legal Representative of Partner.
Section 1782.431 | Merger or Consolidation - Domestic Limited Partnership.
Section 1782.432 | Merger or Consolidation - Entity Other Than Domestic Limited Partnership.
Section 1782.433 | Certificate of Merger or Consolidation.
Section 1782.434 | Surviving or New Entity.
Section 1782.435 | Dissenting Partners.
Section 1782.436 | Written Demand for Payment of Fair Cash Value of Interests.
Section 1782.437 | Complaint Demanding Relief.
Section 1782.438 | Conversion of Another Entity Into Domestic Limited Partnership.
Section 1782.439 | Conversion of Domestic Limited Partnership Into Another Entity.
Section 1782.4310 | Filing of Certificate of Conversion - Effective Date.
Section 1782.4311 | Legal Effect of Conversion - Action to Set Aside.
Section 1782.44 | Dissolution and Winding-Up.
Section 1782.45 | Decree of Dissolution of Partnership.
Section 1782.46 | Partners or Court May Wind Up Affairs.
Section 1782.47 | Order of Distribution.
Section 1782.48 | Laws Governing Foreign Partnerships.
Section 1782.49 | Application for Registration of Foreign Limited Partnership.
Section 1782.50 | Acceptance of Application by Secretary of State.
Section 1782.53 | Cancellation of Registration.
Section 1782.54 | Failure to Register of Foreign Limited Partnership.
Section 1782.55 | Action to Restrain Transaction of Business.
Section 1782.56 | Derivative Action by Limited Partner.
Section 1782.57 | Plaintiff in Derivative Action.
Section 1782.59 | Court Orders in Successful Derivative Action.
Section 1782.60 | Application and Construction of Chapter.
Section 1782.61 | Pre-Existing Limited Partnerships.
Section 1782.62 | Pre-Existing Foreign Limited Partnerships.
Section 1782.63 | Refiling of Certificate for Limited Partnerships Existing Prior to 7-1-94.
Section 1782.64 | Conversion to Limited Liability Limited Partnership.
Section 1782.65 | Persons Performing Services to Partnership or Partners.