(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.
Effective Date: 2008 HB332 08-06-2008Section: Previous 1776.05 1776.06 1776.07 1776.08 1776.10 1776.11 1776.12 1776.21 1776.22 1776.23 1776.24 1776.31 1776.32 1776.33 1776.34 Next
Last modified: October 10, 2016