Ohio Statutes
§ 3925.10 — Liability of directors
Ohio § 3925.10
This text of Ohio § 3925.10 (Liability of directors) 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. § 3925.10 (2026).
Text
If an investment or loan is made by an insurance company in a manner not authorized by sections3925.01to3925.34, 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.
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Legislative History
Effective: October 1, 1953 | Latest Legislation: House Bill 1 - 100th General Assembly
Nearby Sections
15
§ 3925.01
Approval and recording of articles§ 3925.02
Subscription to stock§ 3925.03
Election of directors and officers§ 3925.05
Investment of capital§ 3925.06
Additional investments§ 3925.07
Deposit of securities§ 3925.081
Investing in mortgage related securities§ 3925.09
Limitations on certain investments§ 3925.10
Liability of directors§ 3925.12
Capitalization requirementsCite This Page — Counsel Stack
Bluebook (online)
Ohio § 3925.10, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/3925.10.