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2016 Ohio Revised Code
Title [13] XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE
Chapter 1313 - VOLUNTARY ASSIGNMENTS
Section 1313.10 - Removal for failure to give new bond.
Universal Citation:
Ohio Rev Code ยง 1313.10 (2016)
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If an assignee or trustee for the benefit of creditors fails to give new bond, as directed by the probate court, he must be removed and his letters superseded. The original sureties shall not be released until the assignee or trustee gives new bond but the original sureties are liable for said assignee or trustee's acts only from the time of executing the original bond to the filing and approval by the court of the new bond.
Effective Date: 10-01-1953
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