™Your Policy Risk Impact Agent
43 chapters · 1,367 sections in this title.
Ohio Rev. Code Ann. § 3919.01 Mutual protective associations
1.2K chars
A company or association may be organized to transact the business of life or accident or life and accident insurance on the assessment plan, for the purpose of mutual protection and relief of its members, and for the payment of stipulated sums of money to the families, heirs, ex…
Ohio Rev. Code Ann. § 3919.02 Reserves for insurance contracts
1.8K chars
Every association transacting business under sections 3919.02 to 3919.10, inclusive, of the Revised Code, shall hold and maintain, upon every contract of insurance issued on and after January 1, 1926, assets in excess of other liabilities, to provide for reserves of not less than…
Ohio Rev. Code Ann. § 3919.03 Additional contributions
1.0K chars
Under any contract providing, in addition to the regular contributions, for the payment currently of additional contributions to the extent needed to pay its share of claims and expenses and to maintain the tabular reserves required by sections 3919.02 to 3919.10, inclusive, of t…
Ohio Rev. Code Ann. § 3919.04 Reserves are a distinct fund
1.7K chars
The assets representing the reserves on all contracts issued on an after January 1, 1926, and on such other contracts as the association organized under section 3919.01 of the Revised Code designates upon which a reserve at least equal to the minimum reserve prescribed in section…