Ohio Rev. Code § 1706.32

Current with legislation from 2024 received as of August 9, 2024.
Section 1706.32 - Indemnification, advancement, reimbursement, and insurance

A limited liability company, or a series thereof, may indemnify and hold harmless a member or other person, pay in advance or reimburse expenses incurred by a member or other person, and purchase and maintain insurance on behalf of a member or other person.

R.C. § 1706.32

Added by 133rd General Assembly File No. TBD, SB 276,§1, eff. 4/12/2021.