Section 3903.59 | Failure to transfer assets to Ohio liquidator by ancillary receiver.
Effective:
December 4, 1995
Latest Legislation:
House Bill 374 - 121st General Assembly
If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within the ancillary receiver's control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims shall be placed in the class of claims under division (H) of section 3903.42 of the Revised Code.
Available Versions of this Section
- December 4, 1995 – House Bill 374 - 121st General Assembly [ View December 4, 1995 Version ]