Case Name: Boyd v. Kingdom Trust Co.
Court: Supreme Court of Ohio
Jurisdiction: Ohio
Decision Date: 2017-12-06
Citations: 151 Ohio St. 3d 1451
Docket Number: 2017-1336
Parties: Boyd v. Kingdom Trust Co.
Judges: O’Connor, C.J., and Kennedy, J., dissent.
Reporter: Ohio State Reports, Third Service
Volume: 151
Pages: 1451–1451

Head Matter:
2017-1336.
Boyd v. Kingdom Trust Co.

Opinion:
Certified Question of State Law, United States Court of Appeals for the Sixth Circuit, No. 17-3026. On review pursuant to S.Ct.Prac.R. 9.05, the court will answer the following question:
"Does [R.C.] 1707.43 impose joint and several liability on a person who, acting as the custodian of a self-directed IRA, purchased—on behalf and at the direction of the owner of the self-directed IRA— illegal securities?"
Petitioners shall file their merit brief within 40 days and the parties shall otherwise proceed in accordance with S.CtPrac.R. 16.02 through 16.04 and S.Ct.Prac.R. 9.07.
O'Connor, C.J., and Kennedy, J., dissent.
O'Neill, J., not participating.