There is a newer version of the Ohio Revised Code
2012 Ohio Revised Code
Title [39] XXXIX INSURANCE
Chapter 3925 - DOMESTIC INSURANCE COMPANIES OTHER THAN LIFE
Section 3925.10 - Liability of directors.
Ohio Rev Code § 3925.10 (2012) What's This?
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.
Effective Date: 10-01-1953
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