Effective: August 13, 1969
Latest Legislation: House Bill 248 - 108th General Assembly
For the purposes of organization and upon the issuance of a permit by the superintendent of insurance, powers of attorney and applications for contracts of indemnity may be solicited without the license required by section 3931.10 of the Revised Code, but no attorney or other person shall make any such contracts of indemnity until he complies with sections 3931.01 to 3931.12, inclusive, of the Revised Code. No such attorney shall make any contracts of reinsurance on risks located in this state with any company, association, or person not authorized to transact business within the state, except contracts of ocean marine reinsurance, and no such attorney shall reinsure all the risks undertaken by him without the consent of the superintendent.
Structure Ohio Revised Code
Chapter 3931 | Reciprocal or Interinsurance Contracts
Section 3931.01 | Exchange of Reciprocal or Interinsurance Contracts - Execution of Contracts.
Section 3931.011 | Reciprocal Exchange - Real Estate Powers.
Section 3931.02 | Schedule of Fees.
Section 3931.03 | Declaration Under Oath Filed With Superintendent of Insurance.
Section 3931.04 | Action Brought Against Attorney.
Section 3931.05 | Maintenance of Reserve Fund.
Section 3931.06 | Annual Financial Statement of Attorney.
Section 3931.07 | Contents of Annual Statement - Payment of Tax on Premiums.
Section 3931.08 | Examination of Financial Affairs by Superintendent.
Section 3931.09 | Right to Exchange Contracts.
Section 3931.10 | License to Attorneys - Revocation.
Section 3931.102 | Rules Requiring Minimum Assets.
Section 3931.11 | List of Persons Authorized to Solicit - Revocation of Authority.
Section 3931.12 | Contracts Solicited Without License During Organization.
Section 3931.13 | Effect of Child Support Default on License.