Separate asset series-limited liability statement effective
Known as the Ohio Revised Limited Liability Company Act
The act spans §§ 1706.01 to 1706.84 (92 sections).
Effective: April 12, 2021; Latest Legislation: Senate Bill 276 - 133rd General Assembly
The statement of limitation on liabilities of a series required by division (B)(3) of section 1706.761 of the Revised Code is sufficient regardless of whether either of the following applies:
(A) The limited liability company has established any series under this chapter when the statement of limitations is contained in the articles of organization;
(B) The statement of limitations makes reference to a specific series of the limited liability company.
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.