Section 3909.13 | Failure to Make Statement.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly If a company, partnership, or association, organized without this state, neglects or refuses to make annual statements, all persons acting in this state as its agents, or otherwise, in transacting the business of insurance, shall be subject to the penalties provided by […]
Section 3909.14 | Duration of Licenses.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly All licenses granted by the superintendent of insurance under sections 3907.01 to 3907.21, inclusive, and 3909.01 to 3909.17, inclusive, of the Revised Code, shall continue in force, unless suspended or revoked, until the first day of April next after the date of […]
Section 3909.01 | Certificate of Authority or License to Do Business.
Effective: September 1, 1961 Latest Legislation: Senate Bill 96 – 104th General Assembly No life insurance company organized by act of congress, or under the laws of any other state of the United States, shall transact any business of insurance defined in section 3911.01 of the Revised Code, on the capital stock or mutual plan, […]
Section 3909.02 | Capital Stock Requirement.
Effective: September 25, 1981 Latest Legislation: House Bill 265 – 114th General Assembly No life insurance company organized by act of congress or under the laws of another state of the United States shall take risks or transact any business of insurance in this state, unless it is possessed of the amount of paid-in capital, […]
Section 3909.03 | Deposit of Securities.
Effective: October 1, 1953 Latest Legislation: Senate Bill 361 – 100th General Assembly No life insurance company organized by act of congress or under the laws of another state of the United States shall transact any business of insurance in this state unless at least one hundred thousand dollars of its assets are invested in […]
Section 3909.04 | Filing Copy of Charter and Statement.
Effective: January 1, 2021 Latest Legislation: House Bill 339 – 133rd General Assembly Every life insurance company organized by act of congress or under the laws of another state of the United States shall file with the superintendent of insurance a certified copy of its charter, or deed of settlement, together with a statement, under […]