Ohio Code § 1706.72
Ohio Code § 1706.72. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1706.72.
(A) An entity other than a limited liability company may convert to a limited liability
company, and a limited liability company may convert to an entity other than a limited
liability company pursuant to sections 1706.72 to 1706.723 of the Revised Code and a written declaration of conversion if all of the following apply: (1) The governing statute of the entity that is not a limited liability company authorizes
the conversion; (2) The law of the jurisdiction governing the converting entity and the converted entity
does not prohibit the conversion; (3) The converting entity and the converted entity comply with their respective governing
statutes and organizational documents in effecting the conversion. (B) A written declaration of conversion shall be in a record and include all of the following: (1) The name and form of the converting entity before conversion; (2) The name and form of the converted entity after conversion; (3) The terms and conditions of the conversion, including the manner and basis for converting
interests in the converting entity into any combination of money, interests in the
converted entity, and other consideration allowed under division (C) of this section. (4) The organizational documents of the converted entity that are, or are proposed to
be, in a record. (C) In connection with a conversion, rights or securities of or interests in the converting
entity may be any of the following: (1) Exchanged for or converted into cash, property, or rights or securities of or interests
in the converted entity; (2) In addition to or in lieu of division (C)(1) of this section, exchanged for or converted
into cash, property, or rights or securities of or interests in another entity; (3) Canceled.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1706.72
- 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 § 1706.72 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 § 1706.72 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.
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