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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1702.531 | Liabilities of providers of goods and services.

Ohio Revised Code
/
Title 17 Corporations-Partnerships
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Chapter 1702 Nonprofit Corporation Law
 
Section 1702.531 is not yet in effect. It takes effect October 24, 2024.
Effective:
October 24, 2024
Latest Legislation:
House Bill 301 - 135th General Assembly
PDF:
Download Authenticated PDF
 

(A) Absent an express agreement to the contrary, a person providing goods to or performing services for a domestic or foreign corporation owes no duty to, incurs no liability or obligation to, and is not in privity with the members or creditors of the corporation by reason of providing goods to or performing services for the corporation.

(B) Absent an express agreement to the contrary, a person providing goods to or performing services for a member or group of members of a domestic or foreign corporation owes no duty to, incurs no liability or obligation to, and is not in privity with the corporation, any other members of the corporation, or the creditors of the corporation by reason of providing goods to or performing services for the member or group of members.

Last updated September 25, 2024 at 3:27 PM

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