Ohio Rev. Code § 3925.10

Liability of directors

Last amended: 1953Year: 2026Length: 59 wordsOfficial source
October 1, 1953 House Bill 1 - 100th General Assembly If an investment or loan is made by an insurance company in a manner not authorized by sections 3925.01 to 3925.34 , inclusive, of the Revised Code, the directors who make or authorize such investment or loan shall be personally liable to the stockholders for any loss occasioned thereby.
Ohio Rev. Code § 3925.10: Liability of directors | Justis AI