Ohio Revised Code (Last Updated: January 27, 2016) |
Title 39. XXXIX INSURANCE |
Chapter 3964. CAPTIVE INSURANCE COMPANIES |
Section 3964.12. Affiliation with insolvency fund prohibited
Latest version.
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No captive insurance company shall be permitted to join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state, nor shall any captive insurance company, or any insured or affiliate thereof, receive any benefit from any such plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.
Added by 130th General Assembly File No. TBD, HB 117, §1, eff. 9/17/2014.