Ohio § 3911.24 Revocation of license for misrepresentation

Ohio Statutes

§ 3911.24 — Revocation of license for misrepresentation

Ohio § 3911.24

Title 39Insurance

Ch. 3911Domestic And Foreign Life Insurance Companies

This text of Ohio § 3911.24 (Revocation of license for misrepresentation) 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. § 3911.24 (2026).

Text

Upon the conviction of any person, firm, association, or life insurance company for violating section3911.23of the Revised Code, the superintendent of insurance shall revoke the license of such person, firm, association, or life insurance company for not less than one year.

The superintendent, when the superintendent has good reason to believe that any company or association writing life insurance in this state, on any plan, is knowingly permitting any of its agents or representatives to violate section3911.23of the Revised Code, shall give such company or association notice of a hearing in accordance with Chapter 119. of the Revised Code, upon the charge of knowingly permitting said section to be violated, and, if the superintendent finds said company or association guilty of the offense

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Upon the conviction of any person, firm, association, or life insurance company for violating section3911.23of the Revised Code, the superintendent of insurance shall revoke the license of such person, firm, association, or life insurance company for not less than one year.

The superintendent, when the superintendent has good reason to believe that any company or association writing life insurance in this state, on any plan, is knowingly permitting any of its agents or representatives to violate section3911.23of the Revised Code, shall give such company or association notice of a hearing in accordance with Chapter 119. of the Revised Code, upon the charge of knowingly permitting said section to be violated, and, if the superintendent finds said company or association guilty of the offense, the superintendent shall revoke its license.