Ohio § 3901.29 Succession list

Ohio Statutes

§ 3901.29 — Succession list

Ohio § 3901.29

Title 39Insurance

Ch. 3901Superintendent Of Insurance

This text of Ohio § 3901.29 (Succession list) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3901.29 (2026).

Text

At any time the board of directors of a domestic insurance company may, by resolution, provide that in the event of an emergency, as described in section3901.27of the Revised Code, and in the event of the death or incapacity of the president, the secretary, or the treasurer of the company, such officers or any of them shall be succeeded in the office by the person named or described in a succession list adopted by the board of directors. Such list may be on the basis of named persons or position titles, and shall establish the order of priority and prescribe the conditions under which the powers of the office shall be exercised.

Free access — add to your briefcase to read the full text and ask questions with AI

At any time the board of directors of a domestic insurance company may, by resolution, provide that in the event of an emergency, as described in section3901.27of the Revised Code, and in the event of the death or incapacity of the president, the secretary, or the treasurer of the company, such officers or any of them shall be succeeded in the office by the person named or described in a succession list adopted by the board of directors. Such list may be on the basis of named persons or position titles, and shall establish the order of priority and prescribe the conditions under which the powers of the office shall be exercised.