Ohio § 2733.33 Court may require bank directors to give security

Ohio Statutes

§ 2733.33 — Court may require bank directors to give security

Ohio § 2733.33

Title 27Courts-General Provisions-Special Remedies

Ch. 2733Quo Warranto

This text of Ohio § 2733.33 (Court may require bank directors to give security) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 2733.33 (2026).

Text

Upon satisfactory proof that the directors of a banking association mentioned in section2733.32of the Revised Code have violated or are about to violate any of its franchises, the court, or a judge thereof in vacation, may require the directors to give security to the stockholders, to the satisfaction of the court or judge, for the proper discharge of their duties and the management and security of the assets. Such court or judge may enjoin the directors from incurring any additional liabilities except for the payment of the necessary services of the officers and employees of the banking association, the amount of which, while the quo warranto proceedings are pending, shall be under the control of the court.

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Upon satisfactory proof that the directors of a banking association mentioned in section2733.32of the Revised Code have violated or are about to violate any of its franchises, the court, or a judge thereof in vacation, may require the directors to give security to the stockholders, to the satisfaction of the court or judge, for the proper discharge of their duties and the management and security of the assets. Such court or judge may enjoin the directors from incurring any additional liabilities except for the payment of the necessary services of the officers and employees of the banking association, the amount of which, while the quo warranto proceedings are pending, shall be under the control of the court.