Ohio Code § 1706.06
Ohio Code § 1706.06. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1706.06.
(A) This chapter shall be construed to give maximum effect to the principles of freedom
of contract and to the enforceability of operating agreements. (B) Unless displaced by particular provisions of this chapter, principles of law and
equity supplement this chapter. (C) Rules that statutes in derogation of the common law are to be strictly construed
shall have no application to this chapter. (D) Sections 1309.406 and 1309.408 of the Revised Code do not apply to any interest in a limited liability company, including all rights,
powers, and interests arising under an operating agreement or this chapter. This division prevails over those sections, and is expressly intended to permit
the enforcement of the provisions of an operating agreement that would otherwise be
ineffective under those sections. (E) This chapter applies to all limited liability companies equally regardless of whether
the limited liability company has one or more members or whether it is formed by a
filing under section 1706.16 of the Revised Code or by merger, consolidation, conversion, or otherwise.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1706.06
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
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
What is the source of Ohio Revised Code § 1706.06?
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 § 1706.06 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1706.06 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.