Ohio § 1783.04
Full text of Ohio Ohio Revised Code § 1783.04, with citation guidance and answers to common questions.
§ 1783.04.
Persons forming a limited partnership association may make contribution to the capital
thereof in real or personal estate, mines, or other property, at a valuation to be
approved by all the members subscribing to its capital, but in any case one half of
the capital must be paid in cash. In the statement required by section 1783.01 of the Revised Code to be recorded, it must be certified whether subscriptions to the capital indicated
in such statement are in cash or in property; and when property has been contributed
as a part of the capital, a schedule containing the names of parties so contributing,
with a description and valuation of the property contributed, shall be inserted in
such statement. All such contributions to the capital of such association in property, at a valuation
agreed upon by all the members subscribing to such capital, shall be as complete and
effectual as if made in cash, if a certificate thereof is recorded as required by
this section.
Frequently Asked Questions About Ohio § 1783.04
What does Ohio Revised Code § 1783.04 cover?
Section 1783.04 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 § 1783.04?
A common citation format is "Ohio Revised Code § 1783.04" (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 § 1783.04 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.