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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 3955.03 | Purposes of chapter.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3955 Ohio Insurance Guaranty Association
 
Effective:
June 29, 1994
Latest Legislation:
House Bill 89 - 120th General Assembly
PDF:
Download Authenticated PDF
 

The purposes of sections 3955.01 to 3955.19 of the Revised Code are to provide a mechanism for the payment of covered claims under certain insurance policies, avoid excessive delay in payment and reduce financial loss to claimants or policyholders because of the insolvency of an insurer, assist in the detection and prevention of insurer insolvencies, and provide an association to assess the cost of such protection among insurers.

Available Versions of this Section