Ohio Code § 1776.50
Ohio Code § 1776.50. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1776.50.
(A) On application by a judgment creditor of a partner or of a partner's transferee,
a court having jurisdiction may charge the economic interest of the judgment debtor
to satisfy the judgment. The court may appoint a receiver of the share of the distributions due or to become
due to the judgment debtor in respect of the partnership and make all other orders,
directions, accounts, and inquiries the judgment debtor might have made or which the
circumstances of the case may require. (B) A charging order constitutes a lien on the judgment debtor's economic interest in
the partnership. The court may order a foreclosure of the interest subject to the charging order
at any time. The purchaser at the foreclosure sale has the rights of a transferee. (C) At any time before foreclosure, an interest charged may be redeemed by any of the
following: (1) The judgment debtor; (2) One or more of the other partners by using property other than partnership property; (3) One or more of the other partners, with the consent of all of the partners whose
interests are not so charged, by using partnership property. (D) Nothing in this chapter deprives a partner of any right under exemption laws with
respect to the partner's interest in the partnership. (E) This section provides the exclusive remedy by which a judgment creditor of a partner,
or partner's transferee, may satisfy a judgment out of the judgment debtor's economic
interest in the partnership.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1776.50
- 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 § 1776.50?
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 § 1776.50 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 § 1776.50 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.