State Codes and Statutes

Statutes > Ohio > Title39 > Chapter3999 > 3999_38

3999.38 Prohibiting payment of dividend when insurer is impaired.

No insurer shall knowingly declare or pay any dividend whenever the insurer is impaired. For purposes of this section, “insurer” also includes any person doing the business of insurance in this state.

Effective Date: 08-08-1991

State Codes and Statutes

Statutes > Ohio > Title39 > Chapter3999 > 3999_38

3999.38 Prohibiting payment of dividend when insurer is impaired.

No insurer shall knowingly declare or pay any dividend whenever the insurer is impaired. For purposes of this section, “insurer” also includes any person doing the business of insurance in this state.

Effective Date: 08-08-1991


State Codes and Statutes

State Codes and Statutes

Statutes > Ohio > Title39 > Chapter3999 > 3999_38

3999.38 Prohibiting payment of dividend when insurer is impaired.

No insurer shall knowingly declare or pay any dividend whenever the insurer is impaired. For purposes of this section, “insurer” also includes any person doing the business of insurance in this state.

Effective Date: 08-08-1991