Effective: April 9, 1993
Latest Legislation: House Bill 689 - 119th General Assembly
A trustee, officer, or third-party administrator of a multiple employer welfare arrangement operating a group self-insurance program that receives, collects, disburses, or invests money in connection with the activities of the arrangement is a fiduciary as defined in the "Employee Retirement Income Security Act of 1974," 88 Stat. 829, 29 U.S.C.A. 1001, as amended.
Structure Ohio Revised Code
Title 17 | Corporations-Partnerships
Chapter 1739 | Multiple Employer Welfare Arrangements
Section 1739.01 | Multiple Employer Welfare Arrangement Definitions.
Section 1739.02 | Group Self-Insurance Program Under Multiple Employer Welfare Arrangement.
Section 1739.03 | Certificate of Authority Issued by Superintendent of Insurance.
Section 1739.04 | Application Procedure.
Section 1739.05 | Minimum Enrollment.
Section 1739.06 | Filing Information With Superintendent.
Section 1739.07 | Voluntary Termination by Member.
Section 1739.08 | Powers of Board of Trustees.
Section 1739.09 | Annual Report.
Section 1739.10 | Examinations by Superintendent.
Section 1739.11 | Determining Financial Capacity of Multiple Employer Welfare Arrangement.
Section 1739.12 | Excess Loss Funding Program.
Section 1739.13 | Minimum Surplus - Investment and Maintenance of Assets.
Section 1739.14 | Payment of Premiums by Members.
Section 1739.141 | Annual Filing Requirements.
Section 1739.15 | Liability of Members.
Section 1739.16 | Contracts With Third-Party Administrator.
Section 1739.17 | Fiduciary Status of Trustee, Officer or Third-Party Administrator.
Section 1739.18 | Contracts With Third-Party Administrators.
Section 1739.19 | Member and Employees Deemed Insureds or Policyholders.
Section 1739.20 | Prohibited Acts.
Section 1739.21 | Fines - Probation.