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Current as of January 01, 2024 | Updated by Findlaw Staff
(A) A limited partnership may become a limited liability limited partnership by doing all of the following:
(1) Obtaining approval of the terms and conditions of the limited partnership becoming a limited liability limited partnership by the vote necessary to amend the limited partnership agreement. When a limited partnership agreement expressly considers contribution obligations, the required vote is the vote necessary to amend those provisions.
(2) Filing a statement of qualification under division (C) of section 1776.81 of the Revised Code;
(3) Complying with the name requirements of section 1776.82 of the Revised Code.
(B) A limited liability limited partnership continues to be the same entity that existed before the filing of a statement of qualification under division (C) of section 1776.81 of the Revised Code.
(C) Division (C) of section 1776.36 and division (B) of section 1776.37 of the Revised Code apply to both general and limited partners of a limited liability limited partnership.
Cite this article: FindLaw.com - Ohio Revised Code Title XVII. Corporations Partnerships § 1782.64 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xvii-corporations-partnerships/oh-rev-code-sect-1782-64/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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