Section 3931.99 | Penalty.
Effective: January 1, 2021 Latest Legislation: House Bill 339 – 133rd General Assembly Whoever violates sections 3931.01 to 3931.12, inclusive, of the Revised Code, or fails to comply with any duty imposed by such sections, for which violation or failure no penalty is otherwise provided by law, shall be fined not more than five hundred […]
Section 3931.12 | Contracts Solicited Without License During Organization.
Effective: August 13, 1969 Latest Legislation: House Bill 248 – 108th General Assembly For the purposes of organization and upon the issuance of a permit by the superintendent of insurance, powers of attorney and applications for contracts of indemnity may be solicited without the license required by section 3931.10 of the Revised Code, but no […]
Section 3931.13 | Effect of Child Support Default on License.
Effective: March 22, 2001 Latest Legislation: Senate Bill 180 – 123rd General Assembly On receipt of a notice pursuant to section 3123.43 of the Revised Code, the superintendent of insurance shall comply with sections 3123.41 to 3123.50 of the Revised Code and any applicable rules adopted under section 3123.63 of the Revised Code with respect […]
Section 3931.04 | Action Brought Against Attorney.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Action on any contract of indemnity made by an attorney under section 3931.01 of the Revised Code, actions to recover taxes, and all other actions, may be brought against the attorney in the county in which the cause of action arises, or […]
Section 3931.05 | Maintenance of Reserve Fund.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Every attorney under section 3931.01 of the Revised Code shall create and maintain a reserve fund equal to fifty per cent of the amount of advance premiums or deposits received and receivable on unexpired contracts of indemnity running one year or less […]
Section 3931.06 | Annual Financial Statement of Attorney.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Every attorney under section 3931.01 of the Revised Code shall file with the superintendent of insurance, on or before the first day of March of each year, a financial statement for the year ending on the thirty-first day of the preceding December, […]
Section 3931.07 | Contents of Annual Statement – Payment of Tax on Premiums.
Effective: March 29, 2007 Latest Legislation: House Bill 699 – 126th General Assembly In the annual statement provided in section 3931.06 of the Revised Code the attorney shall set forth the gross amount of premiums or deposits received during the preceding calendar year on contracts of indemnity covering risks within the state. The attorney shall […]
Section 3931.08 | Examination of Financial Affairs by Superintendent.
Effective: August 8, 1991 Latest Legislation: Senate Bill 137 – 119th General Assembly Each attorney designated under section 3931.01 of the Revised Code and each applicant for a license under section 3931.10 of the Revised Code shall be subject to examination by the superintendent of insurance in accordance with section 3901.07 of the Revised Code. […]
Section 3931.09 | Right to Exchange Contracts.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Any corporation may, in addition to the rights, powers, and franchises specified in its articles of incorporation, exchange as subscriber insurance contracts of the kind mentioned in section 3931.01 of the Revised Code. The right to exchange such contracts is incidental to […]
Section 3931.10 | License to Attorneys – Revocation.
Effective: November 9, 1959 Latest Legislation: Senate Bill 289 – 103rd General Assembly Upon compliance with sections 3931.01 to 3931.12, inclusive, of the Revised Code, the superintendent of insurance shall issue a license to the attorney, authorizing him to make contracts of indemnity mentioned in section 3931.01 of the Revised Code, which license shall specify […]