If an investment or loan is made by an insurance company in a manner not authorized by sections 3925.01 to 3925.34, 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.
Liability of directors
Ohio Rev. Code Ann. § 3925.10, under Chapter 3925 | Domestic Insurance Companies Other Than Life.
Ohio Rev. Code Ann. § 3925.10