Effective: November 20, 1989
Latest Legislation: House Bill 89 - 118th General Assembly
All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed sixty days from the date an order of rehabilitation or liquidation is final to permit proper legal action by the association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict, or finding based on default, the Ohio life and health guaranty association may apply to have the judgment set aside by the same court that made the judgment and may defend against the suit on the merits.
Structure Ohio Revised Code
Chapter 3956 | Life and Health Insurance Guaranty Association
Section 3956.01 | Life and Health Insurance Guaranty Association Definitions.
Section 3956.02 | Citing Chapter.
Section 3956.03 | Purpose of Chapter.
Section 3956.04 | Association Coverage and Liability.
Section 3956.05 | Liberal Construction of Chapter.
Section 3956.06 | Ohio Life and Health Insurance Guaranty Association Created.
Section 3956.07 | Board of Directors.
Section 3956.08 | Duties as to Impaired or Insolvent Member Insurer.
Section 3956.09 | Member Assessments.
Section 3956.10 | Plan of Operation and Amendments.
Section 3956.12 | Detection and Prevention of Insurer Insolvencies or Impairments.
Section 3956.14 | Examination and Regulation by Superintendent - Annual Financial Report.
Section 3956.15 | Exemption From Fees and Taxes.
Section 3956.17 | Proceedings Involving Insolvent Insurer.
Section 3956.18 | Advertising Prohibitions - Summary Document.
Section 3956.19 | Applicability of Prior Law and Current Law.
Section 3956.20 | Offset of Assessments Against Premium or Franchise Tax Liability.