| Enjoining Directors From Borrowing or Issuing Money.

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Effective: October 1, 1953

Latest Legislation: House Bill 1 - 100th General Assembly

On petition, the court or judge may enjoin the directors of a banking association mentioned in section 2733.32 of the Revised Code from borrowing or issuing, directly or indirectly, any of the money or assets of such bank, for their individual benefit, while the quo warranto proceedings are pending.


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