Ohio Code 1706.18 – Binding of limited liability company
Current as of: 2023 | Check for updates
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No person shall have the power to bind the limited liability company, or a series thereof, except:
Terms Used In Ohio Code 1706.18
- Operating agreement: includes any amendments to the operating agreement. See Ohio Code 1706.01
- Person: means an individual, entity, trust, estate, government, custodian, nominee, trustee, personal representative, fiduciary, or any other individual, entity, or series thereof in its own or any representative capacity, in each case, whether foreign or domestic. See Ohio Code 1706.01
(A) To the extent the person is authorized to act as the agent of the limited liability company or a series thereof under or pursuant to the operating agreement;
(B) To the extent the person is authorized to act as the agent of the limited liability company or a series thereof pursuant to division (A) of section 1706.30 of the Revised Code;
(C) To the extent provided in section 1706.19 of the Revised Code;
(D) To the extent provided by law other than this chapter.