Ohio § 1706.71
Full text of Ohio Ohio Revised Code § 1706.71, with citation guidance and answers to common questions.
§ 1706.71.
(A) A limited liability company may merge with one or more other constituent entities
pursuant to sections 1706.71 to 1706.713 of the Revised Code and to an agreement of merger if all of the following conditions are met: (1) The governing statute of each of the other entities authorizes the merger. (2) The merger is not prohibited by the law of a jurisdiction that enacted any of the
governing statutes. (3) Each of the other entities complies with its governing statute in effecting the merger. (B) An agreement of merger shall be in a record and shall include all of the following: (1) The name and form of each constituent entity; (2) The name and form of the surviving entity and, if the surviving entity is to be created
pursuant to the merger, a statement to that effect; (3) The terms and conditions of the merger, including the manner and basis for converting
the interests in each constituent entity into any combination of money, interests
in the surviving entity, and other consideration as permitted under division (C) of
this section; (4) If the surviving entity is to be created pursuant to the merger, the surviving entity's
organizational documents that are proposed to be in a record; (5) If the surviving entity is not to be created pursuant to the merger, any amendments
to be made by the merger to the surviving entity's organizational documents that are,
or are proposed to be, in a record. (C) In connection with a merger, rights or securities of or interests in the constituent
entity may be any of the following: (1) Exchanged for or converted into cash, property, or rights or securities of or interests
in the surviving entity; (2) In addition to or in lieu of division (C)(1) of this section, exchanged for or converted
into cash, property, or rights or securities of or interests in another entity; (3) Canceled.
Frequently Asked Questions About Ohio § 1706.71
What does Ohio Revised Code § 1706.71 cover?
Section 1706.71 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 § 1706.71?
A common citation format is "Ohio Revised Code § 1706.71" (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 § 1706.71 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.