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Ohio Rev. Code Ann. § 1109.151

No fiduciary relationship created

Effective: January 1, 2018; Latest Legislation: House Bill 49 - 132nd General Assembly

Unless otherwise expressly agreed to in writing by the bank, the relationship between a bank and its obligor, or a bank and its customer, creates no fiduciary or other relationship between the parties or any special duty on the part of the bank to the customer or any other party.

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.