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Ohio Rev. Code Ann. § 1706.721

Conversion approval, amendment, or abandonment

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

(A) A declaration of conversion must be consented to by all the members of a converting limited liability company.

(B) After a conversion is approved, and at any time before the certificate of conversion is delivered to the secretary of state for filing under section 1706.722 of the Revised Code, a converting limited liability company may amend the declaration or abandon the conversion:

(1) As provided in the declaration; or

(2) Except as otherwise prohibited in the declaration, by the same consent as was required to approve the declaration.

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.