Ohio § 1706.768 Separate asset series-events causing series dissolution

Ohio Statutes

§ 1706.768 — Separate asset series-events causing series dissolution

Ohio § 1706.768

Title 17Corporations-Partnerships

Ch. 1706Ohio Revised Limited Liability Company Act

This text of Ohio § 1706.768 (Separate asset series-events causing series 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. § 1706.768 (2026).

Text

A series is dissolved and its activities and affairs shall be wound up upon the first to occur of the following:

(A)The dissolution of the limited liability company under section1706.47of the Revised Code;

(B)An event or circumstance that the operating agreement states causes dissolution of the series;

(C)The consent of all of the members associated with the series;

(D)The passage of ninety days after the occurrence of the dissociation of the last remaining member associated with the series;

(E)On application by a member associated with the series, the entry by the appropriate court of an order dissolving the series on the grounds that it is not reasonably practicable to carry on the series' activities in conformity with the operating agreement.

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A series is dissolved and its activities and affairs shall be wound up upon the first to occur of the following:

(A) The dissolution of the limited liability company under section1706.47of the Revised Code;

(B) An event or circumstance that the operating agreement states causes dissolution of the series;

(C) The consent of all of the members associated with the series;

(D) The passage of ninety days after the occurrence of the dissociation of the last remaining member associated with the series;

(E) On application by a member associated with the series, the entry by the appropriate court of an order dissolving the series on the grounds that it is not reasonably practicable to carry on the series' activities in conformity with the operating agreement.