Ohio Code § 1776.23
Ohio Code § 1776.23. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1776.23.
(A) Property acquired by a partnership is property of the partnership and not the property
of the partners individually. (B) Property is partnership property if the property is acquired in the name of either
of the following: (1) The partnership; (2) One or more partners when the instrument transferring title to the property indicates
that the transferee holds the property in the capacity as a partner, or that a partnership
exists but without an indication of the name of the partnership. (C) Property is acquired in the name of the partnership by a transfer to either of the
following: (1) The partnership in its name; (2) One or more partners in their capacity as partners in the partnership, if the name
of the partnership is indicated in the instrument transferring title to the property. (D) Property is presumed to be partnership property if purchased with partnership assets,
even if it is not acquired as described in division (B) of this section. (E) Property acquired in the name of one or more of the partners, when there is no indication
in the instrument transferring title to the property of the person's capacity as a
partner or of the existence of a partnership and without the use of partnership assets,
is presumed to be separate property, even if used for partnership purposes.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1776.23
- 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 § 1776.23?
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 § 1776.23 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 § 1776.23 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Statutes are amended, repealed, and renumbered every session.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.