Effective: January 5, 1988
Latest Legislation: House Bill 1 - 117th General Assembly
The board of governors of the Ohio commercial insurance joint underwriting association shall adopt a written program for decreasing the overall utilization of the association as a source of insurance. The program shall set forth actions that the board shall take to decrease such utilization, including actions intended to reduce the classes of insurance offered by the association, to reduce the number of policies issued, the number of persons insured, and the total amount of insurance written by the association, provided this section does not authorize the board to take action intended to decrease utilization of the association as a source of insurance if such action would substantially conflict with the purposes set forth in section 3930.03 of the Revised Code or the plan of operation of the association.
Structure Ohio Revised Code
Section 3930.04 | Applying for Commercial Insurance Policy.
Section 3930.05 | Proportional Participation by Member Insurers.
Section 3930.06 | Stabilization Reserve Fund.
Section 3930.07 | Certification of Insolvency.
Section 3930.08 | Contributing to Financial Requirements of Association.
Section 3930.11 | Annual Statement.
Section 3930.12 | Superintendent or Designee to Examine Association Operation and Experience.
Section 3930.13 | Examination of Financial Affairs by Superintendent.
Section 3930.14 | Underwriting Association Is Exempt From License Fees and Taxes.
Section 3930.15 | Cancellation of Policy.
Section 3930.16 | Program for Decreasing Overall Utilization of Association as Source of Insurance.
Section 3930.17 | Rules Governing Cessation or Reactivation of Operations.
Section 3930.18 | Association Not Member Insurer of Insurance Guaranty Association.