State Ex Rel. Squire v. Steck

Zimmerman, J.. As we view the matter, the only question now properly before this court is whether the statutes of Ohio sufficiently empower the Superintendent of Banks in charge of the liquidation of a partnership bank to maintain this character of action against the partner-owners of su'ch an association.

It is conceded by the appellees that the superintendent had ample authority in 1982 to take over a partnership bank in failing circumstances for liquidation by virtue of Sections 710-2 and 710-89, General 0ode, as then in force. However, they insist that the scope of his activities in such…