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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 3905.83 | Surety bail bond agent definitions.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3905 Insurance Producers Licensing Act
 
Effective:
October 9, 2001
Latest Legislation:
House Bill 730 - 123rd General Assembly
PDF:
Download Authenticated PDF
 

As used in sections 3905.83 to 3905.95 of the Revised Code:

(A) "Insurer" means any domestic, foreign, or alien insurance company that has been issued a certificate of authority by the superintendent of insurance to transact surety business in this state.

(B) "Managing general agent" means any person that is appointed or employed by an insurer to supervise or otherwise manage the bail bond business written in this state by surety bail bond agents appointed by the insurer.

(C) "Surety" means an insurer that agrees to be responsible for the fulfillment of the obligation of a principal if the principal fails to fulfill that obligation.

Available Versions of this Section