Go to Previous Versions
of
this Section
2025 Ohio Revised Code
Title 39 | Insurance
Chapter 3913 | Changes in Corporate Organization or Status
Section 3913.07 | Term of Directors or Trustees.
Universal Citation:
OH Rev Code § 3913.07 (2025)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
In order to secure continuity of membership in its board of directors or trustees, the articles of incorporation of any mutual life insurance corporation may provide for division of the board into not more than three classes, as nearly equal in number as possible, and may fix the term of office for each class.
Unless such provision is made in the articles of incorporation, all directors and trustees shall be elected annually.
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.