Ohio § 1706.611
Full text of Ohio Ohio Revised Code § 1706.611, with citation guidance and answers to common questions.
§ 1706.611.
(A) A member may commence or maintain a derivative action in the right of the limited
liability company only if the member meets both of the following conditions: (1) The member fairly and adequately represents the interests of the limited liability
company in enforcing the right of the limited liability company. (2) The member either: (a) Was a member of the limited liability company at the time of the act or omission
of which the member complains; (b) Acquired a membership interest through assignment by operation of law from a person
who was a member at the time of the act or omission of which the member complains. (B) A member associated with a series of a limited liability company may commence or
maintain a derivative action in the right of the series only if the member meets both
of the following conditions: (1) The member fairly and adequately represents the interests of the series in enforcing
the right of the series. (2) The member either: (a) Was associated with the series at the time of the act or omission of which the member
complains; (b) Acquired a membership interest through assignment by operation of law from a person
who was a member associated with the series at the time of the act or omission of
which the member complains.
Frequently Asked Questions About Ohio § 1706.611
What does Ohio Revised Code § 1706.611 cover?
Section 1706.611 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 § 1706.611?
A common citation format is "Ohio Revised Code § 1706.611" (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 § 1706.611 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.