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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1776.21 | Partnership as entity distinct from partners.

Ohio Revised Code
/
Title 17 Corporations-Partnerships
/
Chapter 1776 Ohio Uniform Partnership Act
 
Effective:
August 6, 2008
Latest Legislation:
House Bill 332 - 127th General Assembly
PDF:
Download Authenticated PDF
 

(A) A partnership is an entity distinct from its partners.

(B) A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under section 1776.81 of the Revised Code.

(C) Except as otherwise provided in the Revised Code or the partnership agreement, a partnership formed under this chapter has authority to engage in any activity in which a domestic corporation or a domestic limited liability company may lawfully engage and has the powers of a domestic corporation or domestic limited liability company.

Available Versions of this Section