Ohio Code § 5815.06
Ohio Code § 5815.06. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5815.06.
If a deposit is made in a bank to the credit of a fiduciary as such, the bank may
pay the amount of the deposit or any part thereof upon the check of the fiduciary,
signed with the name in which the deposit is entered, without being liable to the
principal, unless the bank pays the check with actual knowledge that the fiduciary
is committing a breach of the obligation as fiduciary in drawing the check or with
knowledge of such facts that its action in paying the check amounts to bad faith. If such a check is payable to the drawee bank and is delivered to it in payment of
or as security for a personal debt of the fiduciary to it, the bank is liable to the
principal if the fiduciary in fact commits a breach of the obligation as fiduciary
in drawing or delivering the check.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5815.06
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 5815.06?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 5815.06 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 5815.06 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.