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2022 Ohio Revised Code
Title 39 | Insurance
Chapter 3916 | Viatical Settlements Model Act
Section 3916.173 | Trusts to Give Appearance of Insurable Interest Illegal.
Universal Citation: OH Rev Code § 3916.173 (2022)
Effective: September 11, 2008
Latest Legislation: House Bill 404 - 127th General Assembly
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.
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