Ohio § 1776.51
Full text of Ohio Ohio Revised Code § 1776.51, with citation guidance and answers to common questions.
§ 1776.51.
A partner is dissociated from a partnership upon the occurrence of any of the following
events: (A) The partnership has notice of the partner's express will to withdraw as a partner,
on the date of the notice or on a later date the partner specifies; (B) The happening of an event agreed to in the partnership agreement as causing the partner's
dissociation; (C) The partner's expulsion pursuant to the partnership agreement; (D) The partner's expulsion by the unanimous vote of the other partners because of any
of the following: (1) It is unlawful to carry on the partnership business with that partner. (2) A transfer of all or substantially all of that partner's economic interest in the
partnership, other than a transfer for security purposes, or a court order charging
the partner's interest, which has not been foreclosed; (3) A certificate of dissolution is not revoked or the charter or a right to conduct
business is not reinstated within ninety days after the partnership notifies a corporate
partner of its expulsion because the corporate partner filed a certificate of dissolution
or the equivalent, had its charter revoked, or had its right to conduct business suspended
by the jurisdiction of its incorporation. (4) The partner is a partnership that has dissolved and is winding up its business. (E) On application by the partnership or another partner, a tribunal determines any of
the following is cause for expulsion: (1) The partner engaged in wrongful conduct that adversely and materially affects the
partnership business. (2) The partner willfully or persistently committed a material breach of the partnership
agreement or a duty owed to the partnership or the other partners under section 1776.44 of the Revised Code . (3) The partner engaged in conduct relating to the partnership business that makes it
not reasonably practicable to carry on the business in partnership with the partner. (F) The partner's doing any of the following: (1) Becoming a debtor in bankruptcy; (2) Executing an assignment for the benefit of creditors; (3) Seeking, consenting to, or acquiescing in the appointment of a trustee, receiver,
or liquidator of that partner or of all or substantially all of that partner's property; (4) Failing, within ninety days after the appointment, to have vacated or stayed the
appointment of a trustee, receiver, or liquidator of either the partner or all or
substantially all of the partner's property that was obtained without the partner's
consent or acquiescence, or failing within ninety days after the expiration of a stay
to have the appointment vacated. (G) Any of the following, in the case of a partner who is an individual: (1) The partner's death; (2) The appointment of a guardian or general conservator for the partner; (3) A determination by a tribunal that the partner has otherwise become incapable of
performing the partner's duties under the partnership agreement. (H) In the case of a partner that is a trust or is acting as a partner by virtue of being
a trustee of a trust, distribution of the trust's entire economic interest in the
partnership, but not merely by reason of the substitution of a successor trustee; (I) In the case of a partner that is an estate or is acting as a partner by virtue of
being a personal representative of an estate, distribution of the estate's entire
economic interest in the partnership, but not merely by reason of the substitution
of a successor personal representative; (J) Termination of a partner that is not an individual, partnership, corporation, trust,
or estate.
Frequently Asked Questions About Ohio § 1776.51
What does Ohio Revised Code § 1776.51 cover?
Section 1776.51 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 § 1776.51?
A common citation format is "Ohio Revised Code § 1776.51" (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 § 1776.51 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.