Ohio Rev. Code Ann. § 1706.61 – Right of derivative action | Midpage
§ 1706.61
Ohio Rev. Code Ann. § 1706.61
Right of derivative action
Effective Apr 12, 2021Senate Bill 276 - 133rd General Assembly
(A) A member may commence or maintain a derivative action in the right of a limited liability company to recover a judgment in favor of the limited liability company by complying with sections 1706.61 to 1706.617 of the Revised Code.
(B) A member associated with a series of a limited liability company may commence or maintain a derivative action in the right of the series to recover a judgment in favor of the series by complying with sections 1706.61 to 1706.617 of the Revised Code.