Section 3911.15 | Policy to defraud creditors.
Effective:
October 1, 1953
Latest Legislation:
House Bill 1 - 100th General Assembly
If a policy of life insurance is procured by a person with intent to defraud his creditors, an amount equal to the premium paid thereon, with interest, shall inure to the benefit of his creditors, subject to the statute of limitations.
Available Versions of this Section
- October 1, 1953 – House Bill 1 - 100th General Assembly [ View October 1, 1953 Version ]