Ohio Rev. Code § 1706.615
Current with legislation from 2024 received as of August 15, 2024.
A derivative action may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of members of the limited liability company, or the interests of members associated with a series of the limited liability company, the court shall direct that notice be given to the members affected.
R.C. § 1706.615