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Ohio · Through 2021-04-12 (Senate Bill 276 - 133rd General Assembly)

Ohio Rev. Code § 1706.7610: Separate asset series-responsibility to wind up activities after dissolution.

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Where this section sits in the code
  1. Title 17 Corporations-Partnerships
  2. Chapter 1706 Ohio Revised Limited Liability Company Act

(A) Subject to division (C) of section 1706.769 of the Revised Code, after dissolution of a series, the remaining members associated with the series, 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 associated with the series, may wind up the series' activities.

(B) The appropriate tribunal may order supervision of the winding up of a dissolved series, including the appointment of a person to wind up the series' activities for any of the following reasons:

(1) On application of a member associated with the series, if the applicant establishes good cause;

(2) On application of an assignee associated with a series, if both of the following apply:

(a) There are no members associated with the series.

(b) Within a reasonable time following the dissolution a person has not been appointed pursuant to division (A) of this section.

(3) In connection with a proceeding under division (E) of section 1706.768 of the Revised Code.

Collected 2026-09-14T19:24:29Z. Source file · JSON

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