Ohio § 1706.27

Full text of Ohio Ohio Revised Code § 1706.27, with citation guidance and answers to common questions.

§ 1706.27.

(A) In connection with the formation of a limited liability company, a person is admitted

as a member of the limited liability company upon the occurrence of either of the

following: (1) If the organizer was authorized by one or more persons intending to be members of

the limited liability company to file the articles of organization on their behalf,

the formation of the limited liability company; (2) If the organizer was not authorized by any other person intending to be members of

the limited liability company, each organizer shall have the authority of a member

of the limited liability company upon the formation of the limited liability company

until the admission of the initial member of the limited liability company. (B) After formation of a limited liability company, a person may be admitted as a member

of the limited liability company in any of the following manners: (1) As provided in the operating agreement; (2) As the result of a transaction effective under sections 1706.71 to 1706.74 of the Revised Code ; (3) With the consent of all the members or in the case of a limited liability company

having only one member, the consent of the member; (4) If, within ninety consecutive days after the occurrence of the dissociation of the

last remaining member, both of the following occur: (a) All holders of the membership interest last assigned by the last person to have been

a member consent to the designation of a person to be admitted as a member; (b) The designated person consents to be admitted as a member effective as of the date

the last person to have been a member ceased to be a member. (C) A person may be admitted as a member without acquiring a membership interest and

without making or being obligated to make a contribution to the limited liability

company.  A person may be admitted as the sole member without acquiring a membership interest

and without making or being obligated to make a contribution to the limited liability

company.

Frequently Asked Questions About Ohio § 1706.27

What does Ohio Revised Code § 1706.27 cover?

Section 1706.27 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 § 1706.27?

A common citation format is "Ohio Revised Code § 1706.27" (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 § 1706.27 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.