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Ohio Adopts New Limited L…

Ohio Adopts New Limited Liability Company Act

On February 11, 2022, the Ohio Revised Limited Liability Company Act (the “New Act”) will be applicable to all Ohio limited liability companies. The New Act completely replaces the existing Ohio Limited Liability Company Act codified in Chapter 1705 of the Ohio Revised Code with new Chapter 1706 of the Ohio Revised Code. The New Act places an emphasis on allowing businesses to conduct themselves according to their needs and protecting busines… Read More
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