Ohio § 1706.41
Full text of Ohio Ohio Revised Code § 1706.41, with citation guidance and answers to common questions.
§ 1706.41.
(A) A person shall not voluntarily dissociate from a limited liability company. (B) A person's dissociation from a limited liability company is wrongful only if one
of the following applies: (1) The dissociation is in breach of an express provision of the operating agreement. (2) The person is expelled as a member by a determination of a tribunal under division (D) of section 1706.411 of the Revised Code . (3) The person is dissociated by becoming a debtor in bankruptcy or making a general
assignment for the benefit of creditors. (C) A person that wrongfully dissociates as a member is liable to the limited liability
company and, subject to section 1706.61 of the Revised Code , to the other members for damages caused by the dissociation. The liability is in addition to any other debt, obligation, or liability of the
member to the limited liability company or the other members.
Frequently Asked Questions About Ohio § 1706.41
What does Ohio Revised Code § 1706.41 cover?
Section 1706.41 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 § 1706.41?
A common citation format is "Ohio Revised Code § 1706.41" (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 § 1706.41 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.