Ohio § 3905.35 Bond

Ohio Statutes

§ 3905.35 — Bond

Ohio § 3905.35

Title 39Insurance

Ch. 3905Insurance Producers Licensing Act

This text of Ohio § 3905.35 (Bond) 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. § 3905.35 (2026).

Text

Before an applicant receives a resident  license under section3905.30of the Revised Code, the person  named in the license shall execute and deliver to the  superintendent of insurance a bond in the sum of twenty-five  thousand dollars, payable to the state and conditioned that the  person will faithfully comply with sections3905.30to3905.35of  the Revised Code. The bond required by this section shall be  issued by an insurance company authorized to transact surety  business in this state, be on a form prescribed by the  superintendent, and be deposited with the superintendent and kept  in the superintendent's office.

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Before an applicant receives a resident license under section3905.30of the Revised Code, the person named in the license shall execute and deliver to the superintendent of insurance a bond in the sum of twenty-five thousand dollars, payable to the state and conditioned that the person will faithfully comply with sections3905.30to3905.35of the Revised Code. The bond required by this section shall be issued by an insurance company authorized to transact surety business in this state, be on a form prescribed by the superintendent, and be deposited with the superintendent and kept in the superintendent's office.