There is a newer version of the Ohio Revised Code
2012 Ohio Revised Code
Title [39] XXXIX INSURANCE
Chapter 3916 - VIATICAL SETTLEMENTS MODEL ACT
Section 3916.173 - Trusts to give appearance of insurable interest illegal.
Ohio Rev Code § 3916.173 (2012) What's This?
Trusts or other persons that are created to give the appearance of insurable interest and are used to initiate one or more policies for investors violate insurable interest laws and the prohibition against wagering on life.
Effective Date: 2008 HB404 09-11-2008
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