Ohio Code § 1706.47

Ohio Code § 1706.47. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1706.47.

A limited liability company is dissolved, and its activities shall be wound up, upon

the occurrence of any of the following: (A) An event or circumstance that the operating agreement states causes dissolution; (B) The consent of all the members; (C) A limited liability company with canceled articles has failed to cure the grounds

for cancellation for three years or more and any member or person authorized pursuant

to section 1706.18 of the Revised Code consents to the dissolution; (D) The passage of ninety consecutive days after the occurrence of the dissociation of

the last remaining member;  provided that upon dissociation of the last remaining

member pursuant to division (E) of section 1706.411 of the Revised Code , the limited liability company shall not be dissolved if either of the following

applies: (1) The operating agreement provides for the admission of a substitute member effective

prior to the passage of such time period; (2) A substitute member has been admitted, as evidenced by a written record, prior to

the passage of such time period, which admission is to be effective as of the date

of such dissociation. (E) On application by a member, the entry by the appropriate court of an order dissolving

the limited liability company on the grounds that it is not reasonably practicable

to carry on the limited liability company's activities in conformity with the operating

agreement.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 1706.47
  • Jurisdiction: Ohio
  • Code: Ohio Revised Code
  • Text: transcribed from the official source (verify below)

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Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:

Not legal advice. Verify against the official source and consult a licensed Ohio attorney.

Common questions

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The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.

What subject does Ohio Revised Code § 1706.47 address?

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