Ohio Revised Code Chapter 1783 - Limited Partnership Associations

• Section 1783.01 - Limited Partnership Associations.
  When any number of persons, not less than three nor more than twenty-five, desire to form a limited partnership association for the purpose of...
• Section 1783.02 - Name Of Firm.
  "Limited" shall be the last word of the name of every limited partnership association formed under sections 1783.01 to 1783.12, inclusive, of the Revised...
• Section 1783.03 - Control And Management.
  There shall be at least one meeting of the members of a limited partnership association in each year at which not less than three...
• Section 1783.04 - Members May Contribute Capital In Property Rather Than In Cash.
  Persons forming a limited partnership association may make contribution to the capital thereof in real or personal estate, mines, or other property, at a...
• Section 1783.05 - Transferability Of Interest.
  Interest in a limited partnership association is personal estate, and may be transferred under rules prescribed by the association. Such transfer shall take effect...
• Section 1783.06 - Title To Realty, Conveyancing, And Judicial Proceedings To Be In Firm Name.
  All real estate owned or purchased by a limited partnership association shall be held and owned, and conveyance thereof made, in the association name....
• Section 1783.07 - Record Of Debts And Liabilities.
  A limited partnership association shall keep a register of debts and liabilities, in which must be entered the nature and amount of all debts...
• Section 1783.08 - Liability Of Members.
  The members of a limited partnership association shall not be liable under any judgment, decree, or order obtained against the association, or for any...
• Section 1783.09 - Levy On Individual Property Of Members.
  If an execution or other process in the nature of execution has been issued against the property of a limited partnership association, and if...
• Section 1783.10 - Dividends.
  A limited partnership association from time to time may divide the profits of its business as a majority of its managers determine. Such division...
• Section 1783.11 - Dissolution.
  A limited partnership association may be dissolved upon either of the following events: (A) When the period fixed for its duration expires; (B) When...
• Section 1783.12 - Distribution Of Property On Dissolution.
  When a limited partnership association is dissolved by the voluntary action of its members, its property shall be applied as follows: (A) First, to...

Last modified: October 10, 2016