Ohio Code § 1706.41
Ohio Code § 1706.41. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 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.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1706.41
- 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 § 1706.41 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.
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Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
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