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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 3903.92 | Requirements for exempting insurer from sections.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3903 Reserve Valuation; Rehabilitation And Liquidation
 
Effective:
March 3, 1996
Latest Legislation:
House Bill 374 - 121st General Assembly
PDF:
Download Authenticated PDF
 

The superintendent may exempt any domestic property and casualty insurer from the application of sections 3903.81 to 3903.93 of the Revised Code, if the insurer meets all of the following requirements:

(A) The insurer writes direct business only in this state;

(B) The insurer writes direct annual premiums of three million dollars or less;

(C) The insurer assumes no reinsurance in excess of five per cent of direct premium written.

Available Versions of this Section