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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3903.33 | Payment of unpaid earned premiums.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3903 Reserve Valuation; Rehabilitation And Liquidation
 
Effective:
March 7, 1983
Latest Legislation:
House Bill 830 - 114th General Assembly
PDF:
Download Authenticated PDF
 

(A) An agent, broker, premium finance company, or any other person, other than the insured, responsible for the payment of a premium is obligated to pay any unpaid earned premium due the insurer at the time of the declaration of insolvency, as shown on the records of the insurer. The liquidator may recover from such person any part of an unearned commission of such person.

(B) An insured shall be obligated to pay any unpaid earned premium due the insurer at the time of the declaration of insolvency, as shown on the records of the insurer.

Available Versions of this Section