Ohio Code 1706.763 – Separate asset series-limited liability statement effective
Current as of: 2023 | Check for updates
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The statement of limitation on liabilities of a series required by division (B)(3) of section 1706.761 of the Revised Code is sufficient regardless of whether either of the following applies:
Terms Used In Ohio Code 1706.763
- Articles of organization: means the articles of organization described in section 1706. See Ohio Code 1706.01
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(A) The limited liability company has established any series under this chapter when the statement of limitations is contained in the articles of organization;
(B) The statement of limitations makes reference to a specific series of the limited liability company.