Section 1706.721 | Conversion approval, amendment, or abandonment.
Effective:
April 12, 2021
Latest Legislation:
Senate Bill 276 - 133rd General Assembly
(A) A declaration of conversion must be consented to by all the members of a converting limited liability company.
(B) After a conversion is approved, and at any time before the certificate of conversion is delivered to the secretary of state for filing under section 1706.722 of the Revised Code, a converting limited liability company may amend the declaration or abandon the conversion:
(1) As provided in the declaration; or
(2) Except as otherwise prohibited in the declaration, by the same consent as was required to approve the declaration.
Available Versions of this Section
- April 12, 2021 – Enacted by Senate Bill 276 - 133rd General Assembly [ View April 12, 2021 Version ]