{"data":{"id":"us-oh/ohio-rev.-code-1706.76","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 1706.76","heading":"Separate asset series-designation by operating agreement.","body":"(A) An operating agreement may establish or provide for the establishment of one or more designated series of assets that has both of the following:\n(1) Either or both of the following:\n(a) Separate rights, powers, or duties with respect to specified property or obligations of the limited liability company or profits and losses associated with specified property or obligations;\n(b) A separate purpose or investment objective.\n(2) At least one member associated with each series.\n(B) A series established in accordance with division (A) of this section may carry on any activity, whether or not for profit.","path":["Title 17 Corporations-Partnerships","Chapter 1706 Ohio Revised Limited Liability Company Act"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-1706.76","current_through":"2021-04-12 (Senate Bill 276 - 133rd General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:29Z","sha256":"ada5615879abc9e22dd61ea7316e754533c784540a414b5fca27c188f8001130","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-1706.74","next":"us-oh/ohio-rev.-code-1706.761"},"notice":"GroundRules: Original legal text. Not legal advice."}