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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 3913.06 | Board of directors or trustees - corporate powers.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3913 Changes In Corporate Organization Or Status
 
Effective:
January 1, 1974
Latest Legislation:
Senate Bill 1 - 110th General Assembly
PDF:
Download Authenticated PDF
 

The corporate powers of a mutual life insurance corporation shall be exercised by, and its business and affairs shall be controlled by, a board of directors or trustees composed of not less than three nor more than twenty-one natural persons who are policyholders or members of said corporation. The members of such board shall be at least eighteen years of age, and at least three members must be residents and citizens of this state.

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