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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 3956.17 | Proceedings involving insolvent insurer.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3956 Life and Health Insurance Guaranty Association
 
Effective:
November 20, 1989
Latest Legislation:
House Bill 89 - 118th General Assembly
PDF:
Download Authenticated PDF
 

All proceedings in which the insolvent insurer is a party in any court in this state shall be stayed sixty days from the date an order of rehabilitation or liquidation is final to permit proper legal action by the association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict, or finding based on default, the Ohio life and health guaranty association may apply to have the judgment set aside by the same court that made the judgment and may defend against the suit on the merits.

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