Section 1706.18 | Binding of limited liability company.
Effective:
April 12, 2021
Latest Legislation:
Senate Bill 276 - 133rd General Assembly
No person shall have the power to bind the limited liability company, or a series thereof, except:
(A) To the extent the person is authorized to act as the agent of the limited liability company or a series thereof under or pursuant to the operating agreement;
(B) To the extent the person is authorized to act as the agent of the limited liability company or a series thereof pursuant to division (A) of section 1706.30 of the Revised Code;
(C) To the extent provided in section 1706.19 of the Revised Code;
(D) To the extent provided by law other than this chapter.
Available Versions of this Section
- April 12, 2021 – Enacted by Senate Bill 276 - 133rd General Assembly [ View April 12, 2021 Version ]