Ohio Statutes
§ 1706.32 — Indemnification, advancement, reimbursement, and insurance
Ohio § 1706.32
This text of Ohio § 1706.32 (Indemnification, advancement, reimbursement, and insurance) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 1706.32 (2026).
Text
A limited liability company, or a series thereof, may indemnify and hold harmless a member or other person, pay in advance or reimburse expenses incurred by a member or other person, and purchase and maintain insurance on behalf of a member or other person.
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Legislative History
Effective: April 12, 2021 | Latest Legislation: Senate Bill 276 - 133rd General Assembly
Nearby Sections
15
§ 1706.03
Knowledge and notification of facts§ 1706.04
Separate legal entity§ 1706.07
Naming of limited liability company§ 1706.081
Enforcement of operating agreements§ 1706.16
Articles of organization§ 1706.161
Amendments to articles of organizationCite This Page — Counsel Stack
Bluebook (online)
Ohio § 1706.32, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1706.32.