Ohio Rev. Code § 3999.38

Prohibiting payment of dividend when insurer is impaired

Last amended: 1991Year: 2026Length: 42 wordsOfficial source
August 8, 1991 Senate Bill 137 - 119th General Assembly No insurer shall knowingly declare or pay any dividend whenever the insurer is impaired. For purposes of this section, "insurer" also includes any person doing the business of insurance in this state.
Ohio Rev. Code § 3999.38: Prohibiting payment of dividend when insurer is impaired | Justis AI