Ohio Uniform Partnership Act
Ohio · Ohio Uniform Partnership Act · §§ 1776.01 to 1776.96 · 73 sections
Overview
The act governs the formation, internal operation, and eventual dissolution of general partnerships, treating the partnership as an entity that can own and transfer property, sue and be sued, and act through its partners as agents. It supplies default rules for the relationship among partners — fiduciary duties, access to books and records, distributions, and what a partner owns and may transfer — while setting the terms on which the partnership and its individual partners become liable to outsiders, including creditors who reach a partner's transferable interest by court order. It also establishes filing mechanisms through which authority, its denial, a partner's departure, and dissolution can be made a matter of public record, and it defines when a partner's dissociation triggers a buyout rather than the end of the business, along with the process for winding up and settling accounts when the partnership does terminate.
Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.
In the courts
Sections of this act have been cited in 25 court decisions.
Most-cited authority: 6 FSUPP3D 760 - Reilly v. Meffe
Sections covered
- Ohio Rev. Code Ann. § 1776.01Definitions3 cites
- Ohio Rev. Code Ann. § 1776.02Knowledge or notice
- Ohio Rev. Code Ann. § 1776.03Effect of partnership agreement - nonwaivable provisions1 cite
- Ohio Rev. Code Ann. § 1776.04Supplemental principles of law - usury
- Ohio Rev. Code Ann. § 1776.05Execution, filing, and recording of statements
- Ohio Rev. Code Ann. § 1776.06Governing law
- Ohio Rev. Code Ann. § 1776.07Agent for service of process
- Ohio Rev. Code Ann. § 1776.08Service of process by delivery
- Ohio Rev. Code Ann. § 1776.10Service of process by delivery
- Ohio Rev. Code Ann. § 1776.11Failure to execute statement or agreement
- Ohio Rev. Code Ann. § 1776.12Correction of inaccurate or defective statement
- Ohio Rev. Code Ann. § 1776.21Partnership as entity distinct from partners
- Ohio Rev. Code Ann. § 1776.22Formation of partnership2 cites
- Ohio Rev. Code Ann. § 1776.23Partnership property
- Ohio Rev. Code Ann. § 1776.24Partner contributions - penalties for failure to contribute
- Ohio Rev. Code Ann. § 1776.31Partner agent of partnership
- Ohio Rev. Code Ann. § 1776.32Transfer of partnership property
- Ohio Rev. Code Ann. § 1776.33Statement of partnership authority
- Ohio Rev. Code Ann. § 1776.34Statement of denial
- Ohio Rev. Code Ann. § 1776.35Partnership liable for partner's actionable conduct
- Ohio Rev. Code Ann. § 1776.36Partner's liability1 cite
- Ohio Rev. Code Ann. § 1776.37Actions by and against partnership and partners
- Ohio Rev. Code Ann. § 1776.38Liability of purported partner
- Ohio Rev. Code Ann. § 1776.41Partner's rights and duties1 cite
- Ohio Rev. Code Ann. § 1776.42Distributions in kind
- Ohio Rev. Code Ann. § 1776.43Partner's rights and duties respecting information
- Ohio Rev. Code Ann. § 1776.44General standards of partner's conduct2 cites
- Ohio Rev. Code Ann. § 1776.45Actions by partnership and partners2 cites
- Ohio Rev. Code Ann. § 1776.46Continuation of partnership beyond definite term or particular undertaking
- Ohio Rev. Code Ann. § 1776.47Partner not co-owner of partnership property
- Ohio Rev. Code Ann. § 1776.48Partner's transferable interest in property
- Ohio Rev. Code Ann. § 1776.49Transfer of partner's transferable interest
- Ohio Rev. Code Ann. § 1776.50Partner's transferable interest subject to charging order1 cite
- Ohio Rev. Code Ann. § 1776.51Events causing partner's dissociation2 cites
- Ohio Rev. Code Ann. § 1776.52Partner's power to dissociate - wrongful dissociation1 cite
- Ohio Rev. Code Ann. § 1776.53Effect of partner's dissociation
- Ohio Rev. Code Ann. § 1776.54Purchase of dissociated partner's interest1 cite
- Ohio Rev. Code Ann. § 1776.55Dissociated partner's power to bind and liability to partnership
- Ohio Rev. Code Ann. § 1776.56Dissociated partner's liability to other persons
- Ohio Rev. Code Ann. § 1776.57Statement of dissociation
- Ohio Rev. Code Ann. § 1776.58Continued use of partnership name
- Ohio Rev. Code Ann. § 1776.61Events causing dissolution and winding up of partnership business2 cites
- Ohio Rev. Code Ann. § 1776.62Partnership continues after dissolution
- Ohio Rev. Code Ann. § 1776.63Right to wind up partnership business2 cites
- Ohio Rev. Code Ann. § 1776.64Partner's power to bind partnership after dissolution
- Ohio Rev. Code Ann. § 1776.65Statement of dissolution
- Ohio Rev. Code Ann. § 1776.66Partner's liability to other partners after dissolution
- Ohio Rev. Code Ann. § 1776.67Settlement of accounts and contributions among partners3 cites
- Ohio Rev. Code Ann. § 1776.68Merger or consolidation of partnerships into domestic partnership
- Ohio Rev. Code Ann. § 1776.69Merger or consolidation of partnerships into another entity
- Ohio Rev. Code Ann. § 1776.70Certificate of merger or consolidation
- Ohio Rev. Code Ann. § 1776.71Effect of merger or consolidation
- Ohio Rev. Code Ann. § 1776.72Conversion of another entity into domestic partnership
- Ohio Rev. Code Ann. § 1776.73Conversion of domestic partnership into another entity
- Ohio Rev. Code Ann. § 1776.74Certificate of conversion - effective date
- Ohio Rev. Code Ann. § 1776.75Effect of conversion - action to set aside
- Ohio Rev. Code Ann. § 1776.76Relief for dissenting partner
- Ohio Rev. Code Ann. § 1776.77Dissenting partner's demand for fair cash value of interests
- Ohio Rev. Code Ann. § 1776.78Dissenting partner's complaint
- Ohio Rev. Code Ann. § 1776.79Judgment creditors
- Ohio Rev. Code Ann. § 1776.81Conversion to limited liability partnership1 cite
- Ohio Rev. Code Ann. § 1776.82Name of limited liability partnership
- Ohio Rev. Code Ann. § 1776.83Filing of biennial report
- Ohio Rev. Code Ann. § 1776.84Distribution to partner where partnership insolvent
- Ohio Rev. Code Ann. § 1776.85Foreign limited liability partnership - governing law
- Ohio Rev. Code Ann. § 1776.86Statement of foreign qualification
- Ohio Rev. Code Ann. § 1776.87Action by foreign limited liability partnership
- Ohio Rev. Code Ann. § 1776.88What constitutes transacting business
- Ohio Rev. Code Ann. § 1776.89Action to restrain foreign limited liability partnership
- Ohio Rev. Code Ann. § 1776.91Construction of chapter
- Ohio Rev. Code Ann. § 1776.92Short title
- Ohio Rev. Code Ann. § 1776.95Application of chapter to partnerships
- Ohio Rev. Code Ann. § 1776.96Application of chapter to proceedings
Enacted in other states
Alaska, Arkansas, California, Colorado, Connecticut, District of Columbia, Iowa, Idaho, Illinois, Indiana, Kentucky, Minnesota, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, Virginia, West Virginia, Wyoming
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