Ohio § 1706.61 Right of derivative action

Ohio Statutes

§ 1706.61 — Right of derivative action

Ohio § 1706.61

Title 17Corporations-Partnerships

Ch. 1706Ohio Revised Limited Liability Company Act

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Bluebook

Ohio Rev. Code Ann. § 1706.61 (2026).

Text

(A)A member may commence or maintain a derivative action in the right of a limited liability company to recover a judgment in favor of the limited liability company by complying with sections1706.61to1706.617of the Revised Code.

(B)A member associated with a series of a limited liability company may commence or maintain a derivative action in the right of the series to recover a judgment in favor of the series by complying with sections1706.61to1706.617of the Revised Code.

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(A) A member may commence or maintain a derivative action in the right of a limited liability company to recover a judgment in favor of the limited liability company by complying with sections1706.61to1706.617of the Revised Code.

(B) A member associated with a series of a limited liability company may commence or maintain a derivative action in the right of the series to recover a judgment in favor of the series by complying with sections1706.61to1706.617of the Revised Code.