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Ohio · Through 1953-10-01 (House Bill 1 - 100th General Assembly)

Ohio Rev. Code § 1783.03: Control and management.

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Where this section sits in the code
  1. Title 17 Corporations-Partnerships
  2. Chapter 1783 Limited Partnership Associations

There shall be at least one meeting of the members of a limited partnership association in each year at which not less than three nor more than five managers must be elected, one of whom shall be the chairman, one the treasurer, and one the secretary, except that one may be both treasurer and secretary. Such managers shall hold their respective offices for one year, and until their successors are duly installed.

No debt shall be contracted, or liability incurred, for the association, except by one or more of such managers, and no liability for an amount exceeding five hundred dollars, except against the person incurring it, shall bind the association unless reduced to writing and signed by at least two such managers.

Collected 2026-09-14T19:24:30Z. Source file · JSON

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