Research About Meet PRIA

Support Data Sources Privacy Policy Terms of Servicehello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

™

Your Policy Risk Impact Agent

Research

At My Address
Federal Courts
Daily Briefings
Medicare & Social Security
Policy Risk Index
Congressional Bills
Federal Register
Tariffs
Fed Decisions & The Economy
State Tracker
World Watch
U.S. Code
U.S. Constitution
Aliens

Knowledge

Search Polipedia
Daily Briefings
Calculators
Policy Risk Index
What is Policy Risk?
The Countdown

Company

About PRIA
Support

Get PRIA

Support Data Sources Privacy Policy Terms of Service

hello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA is a trademark of PRIA Technologies, LLC.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

Ohio Statutes, Title 17

™

Your Policy Risk Impact Agent

Ohio/Statutes

← All Ohio coverage

Title 17, Title 17. Corporations-Partnerships

41 chapters · 1,271 sections in this title.

All chapters in Title 171,271 Ch 1701, Chapter 1701 | General Corporation Law118 Ch 1706, Chapter 1706 | Ohio Revised Limited …92 Ch 1751, Chapter 1751 | Health Insuring Corpo…83 Ch 1707, Chapter 1707 | Securities77 Ch 1733, Chapter 1733 | Credit Unions77 Ch 1782, Chapter 1782 | Limited Partnerships76 Ch 1776, Chapter 1776 | Ohio Uniform Partners…73 Ch 1702, Chapter 1702 | Nonprofit Corporation Law67 Ch 1745, Chapter 1745 | Uniform Unincorporate…54 Ch 1729, Chapter 1729 | Ohio Cooperative Law53 Ch 1715, Chapter 1715 | Religious And Benevol…52 Ch 1713, Chapter 1713 | Educational Corporations50 Ch 1711, Chapter 1711 | Agricultural Societie…40 Ch 1703, Chapter 1703 | Foreign Corporations30

92 sections·Filtered byTitle 17✕Ch 1706✕

Ohio Rev. Code Ann. § 1706.01 Limited liability company definitions
7.7K chars
As used in this chapter: (A) "Articles of organization" means the articles of organization described in section 1706.16 of the Revised Code, and those articles of organization as amended or restated. (B) "Assignment" means a transfer, conveyance, deed, bill of sale, lease, mortga…
Ohio Rev. Code Ann. § 1706.02 The Revised Limited Liability Company Act
0.1K chars
This chapter may be cited as the "Ohio Revised Limited Liability Company Act."
Ohio Rev. Code Ann. § 1706.03 Knowledge and notification of facts
1.6K chars
(A) A person knows a fact when either of the following is met: (1) The person has actual knowledge of the fact. (2) The person is deemed to know the fact under law other than this chapter. (B) A person has notice of a fact when any of the following is met: (1) The person knows of…
Ohio Rev. Code Ann. § 1706.04 Separate legal entity
0.3K chars
(A) A limited liability company is a separate legal entity. A limited liability company's status for tax purposes shall not affect its status as a separate legal entity formed under this chapter. (B) A limited liability company has perpetual duration.

Showing 1–50 of 92

Page 1 of 2

← PreviousNext →

Ohio Rev. Code Ann. § 1706.05 Scope of authority of limited liability company

1.2K chars

(A) A limited liability company may carry on any lawful activity, whether or not for profit. (B) A limited liability company shall possess and may exercise all the powers and privileges granted by this chapter or by any other law or by its operating agreement, together with any p…

Ohio Rev. Code Ann. § 1706.06 Interpretation and application of Revised Limited Liability Company Act

1.1K chars

(A) This chapter shall be construed to give maximum effect to the principles of freedom of contract and to the enforceability of operating agreements. (B) Unless displaced by particular provisions of this chapter, principles of law and equity supplement this chapter. (C) Rules th…

Ohio Rev. Code Ann. § 1706.061 Authority of state law over limited liability companies

0.5K chars

The law of this state governs all of the following: (A) The organization and internal affairs of a limited liability company; (B) The liability of a member as a member for the debts, obligations, or other liabilities of a limited liability company; (C) The authority of the member…

Ohio Rev. Code Ann. § 1706.07 Naming of limited liability company

3.6K chars

(A) The name of a limited liability company shall contain the words "limited liability company" or the abbreviation "L.L.C.," "LLC," "limited," "ltd.," or "ltd". (B) Except as provided in this section and in sections 1701.75, 1701.78, 1701.82, 1705.36, and 1705.37 of the Revised …

Ohio Rev. Code Ann. § 1706.08 Limited liability company operating agreements

4.1K chars

(A) Except as otherwise provided in divisions (B) and (C) of this section, both of the following apply: (1) An operating agreement governs relations among the members as members and between the members and the limited liability company. (2) To the extent that an operating agreeme…

Ohio Rev. Code Ann. § 1706.081 Enforcement of operating agreements

1.0K chars

(A) A limited liability company is bound by and may enforce its operating agreement, whether or not the limited liability company has itself manifested assent to its operating agreement. (B) A person that is admitted as a member of a limited liability company becomes a party to a…

Ohio Rev. Code Ann. § 1706.082 Operating agreement amendment, provision of rights, obligations

1.1K chars

(A) An operating agreement may be amended upon the consent of all the members of a limited liability company or in such other manner authorized by the operating agreement. If an operating agreement provides for the manner in which it may be amended, including by requiring the app…

Ohio Rev. Code Ann. § 1706.09 Legal agents of limited liability companies

10.0K chars

(A) Each limited liability company and foreign limited liability company that has an effective registration as a foreign limited liability company under section 1706.511 of the Revised Code shall maintain continuously in this state an agent for service of process on the company. …

Ohio Rev. Code Ann. § 1706.16 Articles of organization

1.4K chars

(A) In order to form a limited liability company, one or more persons shall execute articles of organization and deliver the articles to the secretary of state for filing. The articles of organization shall set forth all of the following: (1) The name of the limited liability com…

Ohio Rev. Code Ann. § 1706.161 Amendments to articles of organization

1.6K chars

(A) The articles of organization may be amended at any time. (B) The articles of organization may be restated with or without amendment at any time. (C) To amend its articles of organization, a limited liability company shall deliver to the secretary of state for filing, on a for…

Ohio Rev. Code Ann. § 1706.17 Filed records of a limited liability company to be signed

1.2K chars

(A) A record delivered to the secretary of state for filing pursuant to this chapter shall be signed as provided by this section. (1) A limited liability company's initial articles of organization shall be signed by at least one person. (2) A record signed on behalf of a limited …

Ohio Rev. Code Ann. § 1706.171 Incomplete or undelivered records

1.3K chars

(A) If a person required by this chapter to sign a record or deliver a record to the secretary of state for filing under this chapter does not do so, any other person that is aggrieved by that failure to sign may petition the appropriate court to order any of the following: (1) T…

Ohio Rev. Code Ann. § 1706.172 Records requirements

3.8K chars

(A) Each record authorized or required to be delivered to the secretary of state for filing under this chapter shall meet all of the following requirements: (1) The record shall contain all information required by the law of this state to be contained in the record but, unless ot…

Ohio Rev. Code Ann. § 1706.173 Certificates of correction

1.1K chars

(A) A limited liability company or foreign limited liability company may deliver to the secretary of state for filing a certificate of correction to correct a record previously delivered by the limited liability company or foreign limited liability company to the secretary of sta…

Ohio Rev. Code Ann. § 1706.174 Incorrect or inaccurate records - penalty

0.7K chars

(A) A person who signs a record authorized or required to be filed under this chapter thereby affirms under penalty for falsification as described in section 2921.13 of the Revised Code that the facts stated in the record are true in all material respects. (B) If a record deliver…

Ohio Rev. Code Ann. § 1706.175 Certificate of full force and effect; foreign limited liability company certificate of registration

1.8K chars

(A) The secretary of state, upon request and payment of the requisite fee, shall furnish to any person a certificate of full force and effect for a limited liability company if the records filed in the office of the secretary of state show that the limited liability company has b…

Ohio Rev. Code Ann. § 1706.18 Binding of limited liability company

0.6K chars

No person shall have the power to bind the limited liability company, or a series thereof, except: (A) To the extent the person is authorized to act as the agent of the limited liability company or a series thereof under or pursuant to the operating agreement; (B) To the extent t…

Ohio Rev. Code Ann. § 1706.19 Statement of authority, amendments and cancellation, certificate of dissolution

2.1K chars

(A) A limited liability company, on behalf of itself or a series thereof, may deliver to the secretary of state for filing on a form prescribed by the secretary of state a statement of authority. Such a statement: (1) Shall include the name and registration number of the limited …

Ohio Rev. Code Ann. § 1706.20 Statement of denial

0.4K chars

A person named in a filed statement of authority may deliver to the secretary of state for filing on a form prescribed by the secretary of state a statement of denial that does both of the following: (A) States the name and registration number of the limited liability company and…

Ohio Rev. Code Ann. § 1706.26 Liabilities of limited liability company members

0.7K chars

A person who is a member of a limited liability company is not liable, solely by reason of being a member, for a debt, obligation, or liability of the limited liability company or a series thereof, whether arising in contract, tort, or otherwise; or for the acts or omissions of a…

Ohio Rev. Code Ann. § 1706.27 Admission as a member of a limited liability company

2.0K chars

(A) In connection with the formation of a limited liability company, a person is admitted as a member of the limited liability company upon the occurrence of either of the following: (1) If the organizer was authorized by one or more persons intending to be members of the limited…

Ohio Rev. Code Ann. § 1706.28 Contributions of members of a limited liability company

0.2K chars

A contribution of a member to a limited liability company, or a series thereof, may consist of cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property or to perform services.

Ohio Rev. Code Ann. § 1706.281 Obligation to make a contribution

2.0K chars

(A) A promise by a member to make a contribution to a limited liability company, or a series thereof, is not enforceable unless set forth in a writing signed by the member. (B) A member's obligation to make a contribution to a limited liability company, or a series thereof, is no…

Ohio Rev. Code Ann. § 1706.29 Distributions of limited liability company

2.5K chars

(A)(1) All members shall share equally in any distributions made by a limited liability company before its dissolution and winding up. (2) A member has a right to a distribution before the dissolution and winding up of a limited liability company as provided in the operating agre…

Ohio Rev. Code Ann. § 1706.30 Direction and oversight of a limited liability company

2.1K chars

(A)(1) The activities and affairs of the limited liability company shall be under the direction, and subject to the oversight, of its members. (2) The activities and affairs of a series shall be under the direction, and subject to the oversight, of the members associated with the…

Ohio Rev. Code Ann. § 1706.31 Duties of a member to a limited liability company and other members

3.6K chars

(A) Unless either a written operating agreement for the limited liability company or a written agreement with a member establishes additional fiduciary duties, in the event that there have been designated one or more managers to supervise or manage the activities or affairs of th…

Ohio Rev. Code Ann. § 1706.311 Duties of a manager to a limited liability company and its members

4.6K chars

(A) Unless either a written operating agreement for the limited liability company or a written agreement with a manager establishes additional fiduciary duties or the duties of the manager have been modified, waived, or eliminated as contemplated by section 1706.08 of the Revised…

Ohio Rev. Code Ann. § 1706.32 Indemnification, advancement, reimbursement, and insurance

0.3K chars

A limited liability company, or a series thereof, may indemnify and hold harmless a member or other person, pay in advance or reimburse expenses incurred by a member or other person, and purchase and maintain insurance on behalf of a member or other person.

Ohio Rev. Code Ann. § 1706.33 Right of members and dissociated members to records

2.0K chars

(A) Upon reasonable notice provided to the limited liability company, a member may inspect and copy during regular business hours, at a reasonable location specified by the limited liability company, any record maintained by the limited liability company, to the extent the inform…

Ohio Rev. Code Ann. § 1706.331 Reliance on reports and information

1.0K chars

Each member and agent of a limited liability company shall be fully protected in relying in good faith upon the records of the limited liability company and upon information, opinions, reports, or statements presented by another member or agent of the limited liability company, o…

Ohio Rev. Code Ann. § 1706.332 Power of personal representative of deceased member

0.2K chars

If a member dies, the deceased member's personal representative or other legal representative may, for purposes of settling the estate, exercise the rights of a current member under section 1706.33 of the Revised Code.

Ohio Rev. Code Ann. § 1706.34 Member's membership interest is personal property and assignable

0.1K chars

The only interest of a member that is assignable is the member's membership interest. A membership interest is personal property.

Ohio Rev. Code Ann. § 1706.341 Assignment of limited liability company interest

2.2K chars

(A) An assignment, in whole or in part, of a membership interest: (1) Is permissible; (2)(a) Does not by itself cause a member to cease to be a member of the limited liability company; (b) Does not by itself cause a member to cease to be associated with a series of the limited li…

Ohio Rev. Code Ann. § 1706.342 Charging order relating to judgments

3.4K chars

(A) On application to a court of competent jurisdiction by any judgment creditor of a member or assignee, the court may charge the membership interest of the judgment debtor with payment of the unsatisfied amount of the judgment with interest. To the extent so charged and after t…

Ohio Rev. Code Ann. § 1706.41 Wrongful dissociation

0.9K chars

(A) A person shall not voluntarily dissociate from a limited liability company. (B) A person's dissociation from a limited liability company is wrongful only if one of the following applies: (1) The dissociation is in breach of an express provision of the operating agreement. (2)…

Ohio Rev. Code Ann. § 1706.411 Circumstances causing dissociation

3.5K chars

A person is dissociated as a member from a limited liability company in any of the following circumstances: (A) An event stated in the operating agreement as causing the person's dissociation occurs. (B) The person is expelled as a member pursuant to the operating agreement. (C) …

Ohio Rev. Code Ann. § 1706.412 Effect of dissociation

0.9K chars

(A) A person who has dissociated as a member shall have no right to participate as a member in the activities and affairs of the limited liability company and is entitled only to receive the distributions to which that member would have been entitled if the member had not dissoci…

Ohio Rev. Code Ann. § 1706.46 Cancellation and reinstatement

3.4K chars

(A) Except as otherwise provided in this division, upon reinstatement of a limited liability company's articles or a foreign limited liability company's registration in accordance with section 1706.09 of the Revised Code, the rights and privileges, including all real or personal …

Ohio Rev. Code Ann. § 1706.461 Appeals

1.4K chars

(A)(1) A limited liability company or foreign limited liability company may appeal a cancellation under division (L) of section 1706.09 of the Revised Code within thirty days after the effective date of the cancellation. The appeal shall be made to one of the following: (a) The c…

Ohio Rev. Code Ann. § 1706.47 Dissolution

1.4K chars

A limited liability company is dissolved, and its activities shall be wound up, upon the occurrence of any of the following: (A) An event or circumstance that the operating agreement states causes dissolution; (B) The consent of all the members; (C) A limited liability company wi…

Ohio Rev. Code Ann. § 1706.471 Effect of dissolution

2.4K chars

(A) A dissolved limited liability company continues its existence as a limited liability company but may not carry on any activities except as is appropriate to wind up and liquidate its activities and affairs. Appropriate activities include all of the following: (1) Collecting i…

Ohio Rev. Code Ann. § 1706.472 Winding up of limited liability company activities

0.9K chars

(A) Subject to division (C)(5) of section 1706.471 of the Revised Code, after dissolution, the remaining members, if any, and if none, a person appointed by all holders of the membership interest last assigned by the last person to have been a member, may wind up the limited liab…

Ohio Rev. Code Ann. § 1706.473 Claims against dissolved limited liability company

1.8K chars

(A) A dissolved limited liability company may dispose of any known claims against it by following the procedures described in division (B) of this section at any time after the effective date of the dissolution of the limited liability company. (B) A dissolved limited liability c…

Ohio Rev. Code Ann. § 1706.474 Publication of dissolution

6.0K chars

(A) A dissolved limited liability company may publish notice of its dissolution and request that persons with claims against the dissolved limited liability company present them in accordance with the notice. (B) The notice described in division (A) of this section shall meet all…

Ohio Rev. Code Ann. § 1706.475 Winding up payment to creditors and distribution of surplus

1.0K chars

(A) Upon the winding up of a limited liability company, payment or adequate provision for payment, shall be made to creditors, including members who are creditors, in satisfaction of liabilities of the limited liability company. (B) After a limited liability company complies with…

Ohio Rev. Code Ann. § 1706.51 Foreign limited liability company governing law

1.7K chars

(A) The law of the state or other jurisdiction under which a foreign limited liability company is formed governs all of the following: (1) The organization and internal affairs of the foreign limited liability company; (2) The liability of a member as a member for the debts, obli…