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Ohio Rev. Code Ann. § 1706.18

Binding of limited liability company

Known as the Ohio Revised Limited Liability Company Act

The act spans §§ 1706–1706 (92 sections).

Effective: April 12, 2021; Latest Legislation: Senate Bill 276 - 133rd General Assembly

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 the person is authorized to act as the agent of the limited liability company or a series thereof pursuant to division (A) of section 1706.30 of the Revised Code;

(C) To the extent provided in section 1706.19 of the Revised Code;

(D) To the extent provided by law other than this chapter.

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.