There is a newer version of the Ohio Revised Code
2011 Ohio Revised Code
Title [17] XVII CORPORATIONS - PARTNERSHIPS
Chapter 1705: LIMITED LIABILITY COMPANIES
1705.24 Vesting of management authority.
OH Rev Code § 1705.24 What's This?
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
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