2012 Ohio Revised Code
Title [39] XXXIX INSURANCE
Chapter 3901 - SUPERINTENDENT OF INSURANCE
Section 3901.021 - Department of insurance operating fund.
(A) Three-fourths of all appointment and other fees collected under division (B) of section 3905.20 of the Revised Code shall be paid into the state treasury to the credit of the department of insurance operating fund, which is hereby created. The remaining one-fourth shall be credited to the general revenue fund. Other revenues collected by the superintendent of insurance, such as registration fees for sponsored seminars or conferences and grants from private entities, shall be paid into the state treasury to the credit of the department of insurance operating fund.
(B) Seven-tenths of all fees collected under divisions (A)(2), (A)(3), and (A)(6) of section 3905.40 of the Revised Code shall be paid into the state treasury to the credit of the department of insurance operating fund. The remaining three-tenths shall be credited to the general revenue fund.
(C) All operating expenses of the department of insurance except those expenses defined under section 3901.07 of the Revised Code shall be paid from the department of insurance operating fund.
Amended by 128th General AssemblyFile No.18,HB 300, §1, eff. 5/26/2010.
Effective Date: 09-01-2002; 06-30-2005
Related Legislative Provision: See 128th General AssemblyFile No.18,HB 300, §3
See 128th General AssemblyFile No.18,HB 300, §6
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
