Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
All real estate owned or purchased by a limited partnership association shall be held and owned, and conveyance thereof made, in the association name. When such an association executes a deed of conveyance, bonds with or without coupons, or mortgages to secure purchase or borrowed moneys, it may acknowledge such instruments by its chairman and its secretary. The association shall sue and be sued in the association name. When suit is brought against it, service shall be made upon its chairman, secretary, or treasurer, and such service shall be deemed as complete and effective as if made upon each member of the association.
Structure Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1783 | Limited Partnership Associations
Section 1783.01 | Limited Partnership Associations.
Section 1783.02 | Name of Firm.
Section 1783.03 | Control and Management.
Section 1783.04 | Members May Contribute Capital in Property Rather Than in Cash.
Section 1783.05 | Transferability of Interest.
Section 1783.06 | Title to Realty, Conveyancing, and Judicial Proceedings to Be in Firm Name.
Section 1783.07 | Record of Debts and Liabilities.
Section 1783.08 | Liability of Members.
Section 1783.09 | Levy on Individual Property of Members.