Ohio § 1706.515
Full text of Ohio Ohio Revised Code § 1706.515, with citation guidance and answers to common questions.
§ 1706.515.
(A) No foreign limited liability company, or a series thereof, transacting business in
this state, nor anyone on its behalf, shall be permitted to maintain a proceeding
in any court in this state for the collection of its debts unless an effective registration
as a limited liability company for the foreign limited liability company is on file
in the records of the secretary of state. (B) A court may stay a proceeding commenced by a foreign limited liability company, or
series thereof, until it determines whether the foreign limited liability company
should have a registration as a limited liability company on file in the records of
the secretary of state. If the court determines that the foreign limited liability company should have a
registration as a limited liability company on file in the records of the secretary
of state, the court may further stay the proceeding until there is an effective registration
as a limited liability company on file in the records of the secretary of state with
respect to the foreign limited liability company. If a court determines that a foreign limited liability company should have a registration
as a limited liability company on file in the records of the secretary of state, and
the foreign limited liability company subsequently delivers for filing to the secretary
of state a registration as a limited liability company, no proceeding in any court
in this state to which the foreign limited liability company, or a series thereof,
is a party shall, after the effective date of the registration as a foreign limited
liability company, be dismissed by reason of the foreign limited liability company's
prior noncompliance with section 1706.511 of the Revised Code . (C) If a foreign limited liability company, or a series thereof, conducts activities
in this state without having on file in the records of the secretary of state a registration
as a foreign limited liability company, the foreign limited liability company shall
be liable to this state for an amount equal to the fee as prescribed by the secretary
of state from time to time. No registration as a foreign limited liability company shall be filed until payment
of the amounts due under this division is made. (D) The amounts due to this state under division (C) of this section may be recovered
in an action brought by the attorney general. Upon a finding by the court that a foreign limited liability company, or series
thereof, has conducted activities in this state in violation of sections 1706.51 to 1706.515 of the Revised Code , the court may issue, in addition to or in lieu of the imposition of a civil penalty,
an injunction restraining the further conducting of activities by the foreign limited
liability company and all of its series, and the further exercise of any rights and
privileges of a foreign limited liability company in this state until all amounts
plus any interest and court costs that the court may assess have been paid, and until
the foreign limited liability company has otherwise complied with sections 1706.51 to 1706.515 of the Revised Code . (E) Notwithstanding divisions (A) and (B) of this section, the conducting of activities
in this state by a foreign limited liability company, or a series thereof, without
having a registration as a foreign limited liability company on file in the records
of the secretary of state does not impair the validity of the acts of the foreign
limited liability company, or a series thereof, or prevent the foreign limited liability
company, or a series thereof, from defending any proceeding in this state. (F) Neither a member nor agent of a foreign limited liability company nor a member associated
with a series or agent of a series, is liable for the debts, obligations, or other
liabilities of the foreign limited liability company, or a series thereof, solely
because the foreign limited liability company, or a series thereof, conducted activities
in this state without a registration as a foreign limited liability company being
on file in the records of the secretary of state.
Frequently Asked Questions About Ohio § 1706.515
What does Ohio Revised Code § 1706.515 cover?
Section 1706.515 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 § 1706.515?
A common citation format is "Ohio Revised Code § 1706.515" (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 § 1706.515 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.