Go to previous versions
of
this Section
2023 Ohio Revised Code
Title 39 | Insurance
Chapter 3919 | Mutual Protective Insurance Upon Persons
Section 3919.15 | Prohibition Against Assessment Plan Companies.
Universal Citation: OH Rev Code § 3919.15 (2023)
Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
No company or association transacting the business of life insurance on the assessment plan, other than fraternal beneficiary associations, shall do business within this state, except those companies which, as of August 9, 1913, are authorized to do business within this state and which value their assessment policies or certificates of membership as yearly renewable term policies, according to the standard of valuation of life insurance policies prescribed by the laws of this state.
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
