Ohio § 3314.043 Indemnification from management companies for losses due to conflict of interest

Ohio Statutes

§ 3314.043 — Indemnification from management companies for losses due to conflict of interest

Ohio § 3314.043

Title 33Education-Libraries

Ch. 3314Community Schools

This text of Ohio § 3314.043 (Indemnification from management companies for losses due to conflict of interest) 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. § 3314.043 (2026).

Text

In the case there exists any business or familial relationship between a governing authority of a community school or any of its officers or employees and a management company contracted by the school or any of that company's officers or employees, other than the operator agreement itself, the management company shall agree to indemnify the school for financial losses to the community school up to the amount of the moneys received by the management company.

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In the case there exists any business or familial relationship between a governing authority of a community school or any of its officers or employees and a management company contracted by the school or any of that company's officers or employees, other than the operator agreement itself, the management company shall agree to indemnify the school for financial losses to the community school up to the amount of the moneys received by the management company.