Ohio Revised Code (Last Updated: January 27, 2016) |
Title 39. XXXIX INSURANCE |
Chapter 3911. DOMESTIC AND FOREIGN LIFE INSURANCE COMPANIES |
Section 3911.15. Policy to defraud creditors
Latest version.
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If a policy of life insurance is procured by a person with intent to defraud his creditors, an amount equal to the premium paid thereon, with interest, shall inure to the benefit of his creditors, subject to the statute of limitations.
Effective Date: 10-01-1953