Section 3956.15 | Exemption From Fees and Taxes.
Effective: November 20, 1989 Latest Legislation: House Bill 89 – 118th General Assembly The Ohio life and health guaranty association is exempt from payment of all fees and all taxes levied by this state or any of its political subdivisions.
Section 3956.16 | Immunity.
Effective: September 13, 2022 Latest Legislation: Senate Bill 273 – 134th General Assembly There shall be no liability on the part of, and no cause of action of any nature shall arise against, any member insurer or its agents or employees, the Ohio life and health guaranty association or its agents or employees, the board […]
Section 3956.17 | Proceedings Involving Insolvent Insurer.
Effective: November 20, 1989 Latest Legislation: House Bill 89 – 118th General Assembly All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed sixty days from the date an order of rehabilitation or liquidation is final to permit proper legal action by the association on any […]
Section 3956.18 | Advertising Prohibitions – Summary Document.
Effective: September 13, 2022 Latest Legislation: Senate Bill 273 – 134th General Assembly (A)(1) No person shall make, publish, disseminate, circulate, or place before the public, or cause to be made, published, disseminated, circulated, or placed before the public, in any newspaper, magazine, or other publication, or in the form of a notice, circular, pamphlet, […]
Section 3956.19 | Applicability of Prior Law and Current Law.
Effective: September 13, 2022 Latest Legislation: Senate Bill 273 – 134th General Assembly (A) The provisions of this chapter in effect prior to the effective date of this section shall apply to all matters relating to any impaired insurer or insolvent insurer for which the association first became obligated under section 3956.08 of the Revised […]
Section 3956.20 | Offset of Assessments Against Premium or Franchise Tax Liability.
Effective: September 13, 2022 Latest Legislation: Senate Bill 273 – 134th General Assembly (A)(1) A member insurer may offset against its premium or franchise tax liability twenty per cent of the assessment described in division (H) of section 3956.09 of the Revised Code in each of the five calendar years following the fiscal biennium in […]
Section 3956.10 | Plan of Operation and Amendments.
Effective: September 13, 2022 Latest Legislation: Senate Bill 273 – 134th General Assembly (A)(1) The Ohio life and health insurance guaranty association shall submit to the superintendent of insurance a plan of operation and any amendments to the plan necessary or suitable to ensure the fair, reasonable, and equitable administration of the association. The plan […]
Section 3956.11 | Duties and Powers of Superintendent – Appeals – Notification of Chapter Provisions.
Effective: September 13, 2022 Latest Legislation: Senate Bill 273 – 134th General Assembly (A) The superintendent of insurance shall: (1) Upon request of the board of directors of the Ohio life and health insurance guaranty association, provide the association with a statement of the premiums in this and any other appropriate states for each member […]
Section 3956.12 | Detection and Prevention of Insurer Insolvencies or Impairments.
Effective: September 13, 2022 Latest Legislation: Senate Bill 273 – 134th General Assembly To aid in the detection and prevention of member insurer insolvencies or impairments: (A) The superintendent of insurance shall do all of the following: (1) Notify the commissioners of insurance of all the other states, territories of the United States, and the […]
Section 3956.13 | Liability for Unpaid Assessments – Records – Association Deemed Creditor of Insurer – Rehabilitation or Liquidation proceedings..
Effective: September 13, 2022 Latest Legislation: Senate Bill 273 – 134th General Assembly (A) Nothing in this chapter shall be construed to reduce the liability for unpaid assessments of the insureds or enrollees of an impaired or insolvent insurer operating under a plan with assessment liability. (B) Records shall be kept of all resolutions adopted […]