Ohio § 1706.612
Full text of Ohio Ohio Revised Code § 1706.612, with citation guidance and answers to common questions.
§ 1706.612.
A member may not commence a derivative action in the right of the limited liability
company, or a series thereof, until both of the following occur: (A) A written demand has been made upon the limited liability company or the series to
take suitable action. (B) Ninety days have expired from the date the demand was made unless either of the following
applies: (1) The member has earlier been notified that the demand has been rejected by the limited
liability company or the series; (2) Irreparable injury to the limited liability company or the series would result by
waiting for the expiration of the ninety-day period.
Frequently Asked Questions About Ohio § 1706.612
What does Ohio Revised Code § 1706.612 cover?
Section 1706.612 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 § 1706.612?
A common citation format is "Ohio Revised Code § 1706.612" (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 § 1706.612 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.