Ohio Revised Code (Last Updated: January 27, 2016) |
Title 39. XXXIX INSURANCE |
Chapter 3919. MUTUAL PROTECTIVE INSURANCE UPON PERSONS |
Section 3919.05. Mortality experience or table
Latest version.
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Unless an association transacting business under sections 3919.02 to 3919.10, inclusive, of the Revised Code, provides otherwise, the actual mortality experienced on all outstanding contracts shall be determined and distributed between all such contracts in proportion to the cost of insurance on the basis provided in section 3919.02 of the Revised Code, or such other mortality table approximating the experience of the association as it may provide.
Effective Date: 10-01-1953