Ohio § 3903.07 Responsibilities of superintendent and deputies

Ohio Statutes

§ 3903.07 — Responsibilities of superintendent and deputies

Ohio § 3903.07

Title 39Insurance

Ch. 3903Reserve Valuation; Rehabilitation And Liquidation

This text of Ohio § 3903.07 (Responsibilities of superintendent and deputies) 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. § 3903.07 (2026).

Text

(A)In any proceeding under sections3903.01to3903.59of the Revised Code, the superintendent of insurance and his deputies are responsible on their official bonds for the faithful performance of their duties. If the court considers it desirable for the protection of the assets, it may at any time require an additional bond from the superintendent or his deputies, and such bonds shall be paid for out of the assets of the insurer as a cost of administration.

(B)Sections9.86and9.87of the Revised Code and sections109.36to109.366of the Revised Code apply, for purposes of any proceeding under sections3903.01to3903.59of the Revised Code, to the superintendent, any deputy liquidator, any employee of the department of insurance, any employee appointed by the superintendent as liquidator, and any e

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(A) In any proceeding under sections3903.01to3903.59of the Revised Code, the superintendent of insurance and his deputies are responsible on their official bonds for the faithful performance of their duties. If the court considers it desirable for the protection of the assets, it may at any time require an additional bond from the superintendent or his deputies, and such bonds shall be paid for out of the assets of the insurer as a cost of administration.

(B) Sections9.86and9.87of the Revised Code and sections109.36to109.366of the Revised Code apply, for purposes of any proceeding under sections3903.01to3903.59of the Revised Code, to the superintendent, any deputy liquidator, any employee of the department of insurance, any employee appointed by the superintendent as liquidator, and any employee who serves under the liquidator.

(C) For the sole purpose of the application of sections9.86and9.87of the Revised Code and sections109.36to109.366of the Revised Code, each person described in division (B) of this section is deemed to be an officer or employee as defined in division (A) of section9.85of the Revised Code and division (A) of section109.36of the Revised Code.

Last updated October 2, 2025 at 11:45 AM