Ohio Rev. Code § 1783.10

Current with legislation from 2024 received as of August 15, 2024.
Section 1783.10 - Dividends

A limited partnership association from time to time may divide the profits of its business as a majority of its managers determine. Such division of profits shall not, at the time it is made diminish or impair the capital of the association. Anyone consenting to a dividend which diminishes or impairs the capital shall be liable to any person injured thereby, to the amount of such diminution or impairment.

R.C. §1783.10

Effective Date: 10/1/1953 .