Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
A limited partnership association may be dissolved upon either of the following events:
(A) When the period fixed for its duration expires;
(B) When by a vote of a majority of its members, in value of interest and in number, a dissolution is determined upon.
Notice of such dissolution shall be given by publication in two newspapers, published in the proper city or county, at least six consecutive times. Immediately upon the commencement of such advertising, the association shall cease to carry on its business, except so far as may be required for its beneficial winding up.
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.