Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
No mutual insurance company shall borrow money or create a debt, except for necessary office buildings, which is to continue beyond the period when an assessment may be collected and applied to the payment thereof, and no member of such a company shall be assessed for liabilities incurred prior to his membership.
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.