Transactions in furtherance of stranger-originated insurance void

Ohio Rev. Code Ann. § 3916.172, under Chapter 3916 | Viatical Settlements Model Act.

Ohio Rev. Code Ann. § 3916.172

Any contract, agreement, arrangement, or transaction including, but not limited to, any financing agreement or arrangement identified in section 1321.72 of the Revised Code entered into for the furtherance or aid of a stranger-originated life insurance act, practice, arrangement, or agreement is void and unenforceable.