Ohio § 1706.26
Full text of Ohio Ohio Revised Code § 1706.26, with citation guidance and answers to common questions.
§ 1706.26.
A person who is a member of a limited liability company is not liable, solely by reason
of being a member, for a debt, obligation, or liability of the limited liability company
or a series thereof, whether arising in contract, tort, or otherwise; or for the
acts or omissions of any other member, agent, or employee of the limited liability
company or a series thereof. The failure of a limited liability company or any of its members to observe any
formalities relating to the exercise of the limited liability company's powers or
the management of its activities is not a factor to consider in, or a ground for,
imposing liability on the members for the debts, obligations, or liability of the
limited liability company.
Frequently Asked Questions About Ohio § 1706.26
What does Ohio Revised Code § 1706.26 cover?
Section 1706.26 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1706.26?
A common citation format is "Ohio Revised Code § 1706.26" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1706.26 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.