Ohio § 1706.7610 Separate asset series-responsibility to wind up activities after dissolution

Ohio Statutes

§ 1706.7610 — Separate asset series-responsibility to wind up activities after dissolution

Ohio § 1706.7610

Title 17Corporations-Partnerships

Ch. 1706Ohio Revised Limited Liability Company Act

This text of Ohio § 1706.7610 (Separate asset series-responsibility to wind up activities after dissolution) 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. § 1706.7610 (2026).

Text

(A)Subject to division (C) of section1706.769of 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)

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(A) Subject to division (C) of section1706.769of 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 section1706.768of the Revised Code.