Section 1782.438 | Conversion of Another Entity Into Domestic Limited Partnership.
Effective: October 12, 2006 Latest Legislation: House Bill 301 – 126th General Assembly (A) Subject to division (B)(2) of this section, pursuant to a written declaration of conversion as provided in this section, a domestic or foreign entity other than a domestic limited partnership may be converted into a domestic limited partnership. The conversion also […]
Section 1782.36 | Remedies.
Effective: July 1, 1994 Latest Legislation: Senate Bill 74 – 120th General Assembly Except to the extent otherwise provided in the partnership agreement, when a partner becomes entitled to receive a distribution, he has the status of, and is entitled to all remedies available to, a creditor of the limited partnership with respect to the […]
Section 1782.37 | Restricting Distributions.
Effective: July 1, 1994 Latest Legislation: Senate Bill 74 – 120th General Assembly (A) A limited partnership shall not make a distribution to a partner to the extent that at the time of the distribution, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of […]
Section 1782.39 | Partnership Interest Is Personal Property.
Effective: December 23, 1986 Latest Legislation: House Bill 428 – 116th General Assembly A partnership interest is personal property.
Section 1782.40 | Partnership Interest – Assignable in Whole or in Part.
Effective: October 4, 1996 Latest Legislation: House Bill 495 – 121st General Assembly Except as otherwise provided in the partnership agreement, a partnership interest is assignable in whole or in part. An assignment of a partnership interest does not dissolve a limited partnership or entitle the assignee to become, or to exercise any rights of, […]
Section 1782.41 | Judgment Creditor of Partner.
Effective: April 1, 1985 Latest Legislation: House Bill 607 – 115th General Assembly (A) On application to a court of common pleas by any judgment creditor of a partner, the court may charge the partnership interest of the indebted partner with payment of the unsatisfied amount of the judgment with interest. To the extent so […]
Section 1782.42 | Assignee May Become Limited Partner.
Effective: July 1, 1994 Latest Legislation: Senate Bill 74 – 120th General Assembly (A) An assignee of a partnership interest, including an assignee of a general partner, may become a limited partner if, and to the extent that, either of the following occurs: (1) The assignor gives the assignee that right in accordance with authority […]
Section 1782.43 | Rights of Legal Representative of Partner.
Effective: October 8, 1992 Latest Legislation: House Bill 427 – 119th General Assembly If a partner who is an individual dies or is adjudged by a court to be an incompetent, as defined in section 2111.01 of the Revised Code, the partner’s executor, administrator, guardian, or other legal representative may exercise all the rights of […]
Section 1782.431 | Merger or Consolidation – Domestic Limited Partnership.
Effective: July 1, 1994 Latest Legislation: Senate Bill 74 – 120th General Assembly (A) Pursuant to an agreement of merger between the constituent entities as provided in this section, a domestic limited partnership and one or more additional domestic limited partnerships or other domestic or foreign entities may be merged into a surviving domestic limited […]
Section 1782.432 | Merger or Consolidation – Entity Other Than Domestic Limited Partnership.
Effective: April 12, 2021 Latest Legislation: Senate Bill 276 – 133rd General Assembly (A) Pursuant to an agreement of merger or consolidation between the constituent entities as provided in this section, a domestic limited partnership and one or more additional domestic or foreign entities may be merged into a surviving entity other than a domestic […]