Current with legislation from 2024 received as of August 9, 2024.
Section 1706.472 - Winding up of limited liability company activities(A) Subject to division (C)(5) of section 1706.471 of the Revised Code, after dissolution, the remaining members, if any, and if none, a person appointed by all holders of the membership interest last assigned by the last person to have been a member, may wind up the limited liability company's activities.(B) The appropriate tribunal may order supervision of the winding up of a dissolved limited liability company, including the appointment of a person to wind up the limited liability company's activities as follows: (1) On application of a member, if the applicant establishes good cause;(2) On application of an assignee, if both of the following apply:(a) The limited liability company does not have any members;(b) Within a reasonable time following the dissolution, a person has not been appointed pursuant to division (A) of this section.(3) In connection with a proceeding under division (E) of section 1706.47 of the Revised Code.Added by 133rd General Assembly File No. TBD, SB 276,§1, eff. 4/12/2021.