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2018 Ohio Revised Code
Title [17] XVII CORPORATIONS - PARTNERSHIPS
Chapter 1705 - LIMITED LIABILITY COMPANIES
Section 1705.12 - Rights of withdrawing member.
Universal Citation: Ohio Rev Code § 1705.12 (2018)
Upon withdrawal, a member withdrawing from a limited liability company has the right to receive any distribution to which the member is entitled under the operating agreement and, except as otherwise provided in that agreement, the withdrawing member shall be treated as if the member were an assignee of all of the member's membership interest as of the date of withdrawal.
Effective Date: 12-03-1999 .
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