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Ohio Rev. Code Ann. § 3929.13

Estoppel of company executing bond

Effective: October 1, 1953; Latest Legislation: House Bill 1 - 100th General Assembly

A company which executes a bond as surety under sections 3929.10 and 3929.11 of the Revised Code shall, in any proceeding to enforce the liability which it has assumed to incur, be estopped to deny its corporate power to execute such instrument or assume such liability.

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.