State Codes and Statutes

Statutes > Ohio > Title17 > Chapter1705 > 1705_24

1705.24 Vesting of management authority.

Unless otherwise provided in writing in the operating agreement, the management of a limited liability company shall be vested in its members in proportion to their contributions to the capital of the company, as adjusted from time to time to properly reflect any additional contributions or withdrawals by the members.

Effective Date: 07-01-1994

State Codes and Statutes

Statutes > Ohio > Title17 > Chapter1705 > 1705_24

1705.24 Vesting of management authority.

Unless otherwise provided in writing in the operating agreement, the management of a limited liability company shall be vested in its members in proportion to their contributions to the capital of the company, as adjusted from time to time to properly reflect any additional contributions or withdrawals by the members.

Effective Date: 07-01-1994


State Codes and Statutes

State Codes and Statutes

Statutes > Ohio > Title17 > Chapter1705 > 1705_24

1705.24 Vesting of management authority.

Unless otherwise provided in writing in the operating agreement, the management of a limited liability company shall be vested in its members in proportion to their contributions to the capital of the company, as adjusted from time to time to properly reflect any additional contributions or withdrawals by the members.

Effective Date: 07-01-1994