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A new statute, modeled after the Revised Uniform Partnership Act of 1997 (RUPA) and codified as chapter 1776 of the Ohio Revised Code, governs any new Ohio general partnerships formed since the beginning in 2009.
Ohio Revised Code Section 1776.22 provides that, except as formed under a chapter other than 1776, ?any association of two or more persons to carry on as co-owners a business for- profit forms a partnership, whether or not the persons intend to form a partnership.? A partnership is not required, but may elect to file ...
How to Form a Delaware Limited Partnership (in 6 Steps) Step One) Choose an LP Name. ... Step Two) Designate a Registered Agent. ... Step Three) File the Certificate of Limited Partnership. ... Step Four) Create a Limited Partnership Agreement. ... Step Five) Handle Taxation Requirements. ... Step Six) Obtain Business Licenses and Permits.
Limited Liability Partnership In order to create a LLP in Ohio, a Statement of Qualification must be filed with the Secretary of State. A LLP limits liability in that partners are not liable for obligations created by the other partners. The partnership itself, however, is liable for the acts of the partners.
The Ohio Revised Code replaced the Ohio General Code in 1953. However the current organization and form of the Ohio Revised Code Title 29 (Crimes) was completely re-written and issued into law by the General Assembly in 1974.
The NCCUSL website lists these states and territories as having adopted UPA (1997): Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Hawaii, Idaho, Illinois, Iowa, Kansas, Kentucky, Maine, Maryland, Minnesota, Mississippi, Montana, Nebraska, Nevada, New ...
Filing Statement of Partnership Authority While not required in order to conduct business in the state of Ohio, Statement of Partnership Authority (Form 535) (Statement) may be filed with the Ohio Secretary of State.
The ULC approved the original version of the Uniform Partnership Act in 1914 (UPA 1914). UPA 1914 underwent multiple revisions, with the current version being approved in 1997 (commonly referred to as RUPA or UPA 1997) and last amended in 2013.