Section 1785.09 | Other Forms of Organization.
Effective: April 12, 2021 Latest Legislation: Senate Bill 276 – 133rd General Assembly This chapter does not preclude the rendering of a professional service within this state by a corporation formed under division (B) of section 1701.03 of the Revised Code, a limited liability company formed under Chapter 1705. or 1706. of the Revised Code, […]
Section 1785.07 | Selling or Transferring Shares.
Effective: April 10, 1998 Latest Legislation: Senate Bill 31 – 122nd General Assembly A shareholder of a professional association may sell or transfer that shareholder’s shares in the association only to another individual who is duly licensed, certificated, or otherwise legally authorized to render within this state the same professional service as that for which […]
Section 1785.08 | Applicability of General Corporation Laws.
Effective: August 22, 2007 Latest Legislation: Senate Bill 33 – 127th General Assembly Chapter 1701. of the Revised Code applies to professional associations, including their organization and the manner of filing articles of incorporation, except that the requirements of division (A) of section 1701.06 of the Revised Code do not apply to professional associations. If […]
Section 1783.11 | Dissolution.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly A limited partnership association may be dissolved upon either of the following events: (A) When the period fixed for its duration expires; (B) When by a vote of a majority of its members, in value of interest and in number, a dissolution […]
Section 1783.12 | Distribution of Property on Dissolution.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly When a limited partnership association is dissolved by the voluntary action of its members, its property shall be applied as follows: (A) First, to the payment of all its debts for work and labor; and to secure such debts, in case its […]
Section 1785.01 | Professional Association Definitions.
Effective: July 10, 2014 Latest Legislation: House Bill 232 – 130th General Assembly As used in this chapter: (A) “Professional service” means any type of professional service that may be performed only pursuant to a license, certificate, or other legal authorization issued pursuant to Chapter 4701., 4703., 4705., 4715., 4723., 4725., 4729., 4730., 4731., 4732., […]
Section 1785.02 | Incorporation of Professional Individuals or Groups.
Effective: July 10, 2014 Latest Legislation: House Bill 232 – 130th General Assembly An individual or group of individuals each of whom is licensed, certificated, or otherwise legally authorized to render within this state the same kind of professional service, a group of individuals each of whom is licensed, certificated, or otherwise legally authorized to […]
Section 1785.03 | Rendering Professional Services.
Effective: July 10, 2014 Latest Legislation: House Bill 232 – 130th General Assembly A professional association may render a particular professional service only through officers, employees, and agents who are themselves duly licensed, certificated, or otherwise legally authorized to render the professional service within this state. As used in this section, “employee” does not include […]
Section 1785.04 | Effect of Chapter.
Effective: July 1, 1994 Latest Legislation: Senate Bill 74 – 120th General Assembly This chapter does not modify any law applicable to the relationship between a person furnishing a professional service and a person receiving that service, including liability arising out of the furnishing of that service.
Section 1785.05 | Issuing Capital Stock.
Effective: April 10, 1998 Latest Legislation: Senate Bill 31 – 122nd General Assembly A professional association may issue its capital stock only to persons who are duly licensed, certificated, or otherwise legally authorized to render within this state the same professional service as that for which the association was organized or, in the case of […]