Effective: May 13, 1980
Latest Legislation: House Bill 729 - 113th General Assembly
Real estate acquired under division (B), (C), or (D) of section 3925.20 of the Revised Code shall be disposed of within two years after title to the real estate is acquired, unless the company determines to hold the real estate as an investment subject to the limits of individual and aggregate holdings under section 3925.20 of the Revised Code or unless the company procures a certificate from the superintendent of insurance that its interests will suffer materially by a forced sale of the real estate. The sale then may be postponed for such period as the superintendent directs in the certificate.
Structure Ohio Revised Code
Chapter 3925 | Domestic Insurance Companies Other Than Life
Section 3925.01 | Approval and Recording of Articles.
Section 3925.02 | Subscription to Stock.
Section 3925.03 | Election of Directors and Officers.
Section 3925.04 | Other Officers - Bylaws and Regulations.
Section 3925.05 | Investment of Capital.
Section 3925.06 | Additional Investments.
Section 3925.07 | Deposit of Securities.
Section 3925.08 | Investment of Accumulated Funds or Surplus.
Section 3925.081 | Investing in Mortgage Related Securities.
Section 3925.09 | Limitations on Certain Investments.
Section 3925.10 | Liability of Directors.
Section 3925.101 | Regulation of Foreign Branches of Domestic Companies.
Section 3925.11 | Examination of Company - Renewal of License.
Section 3925.12 | Capitalization Requirements.
Section 3925.13 | Annual Cash Premiums Collectible in Advance.
Section 3925.14 | Mutual Associations Excepted.
Section 3925.15 | Transfers of Stock.
Section 3925.16 | Increase of Capital Stock.
Section 3925.17 | Restriction on Dividends - Liability of Directors.
Section 3925.18 | Scrip Dividends.
Section 3925.19 | Accumulation of Permanent Fund.
Section 3925.20 | Authorized Real Estate Holdings.
Section 3925.21 | Disposal of Real Estate.
Section 3925.22 | Restriction Against Debts.
Section 3925.23 | Enforcement of Assessments.
Section 3925.24 | Proof of Assessments and Notice.
Section 3925.25 | Accident Companies Authorized.
Section 3925.26 | Deposit by Accident Companies.
Section 3925.27 | Consolidation.
Section 3925.28 | Rights and Duties of Consolidated Companies.
Section 3925.29 | Distribution of New Shares of Stock - Limitation of Capital Stock.
Section 3925.30 | Election of Directors.
Section 3925.31 | Filing of Certificate of Consolidation.
Section 3925.32 | Approval of Official Bonds.
Section 3925.33 | Reinsurance of Risks.
Section 3925.34 | Authorized Fields of Insurance for Fire Insurance Companies.