Ohio Statutes

§ 3916.173 — Trusts to give appearance of insurable interest illegal

Ohio § 3916.173

JurisdictionOhio

Title 39Insurance

Ch. 3916Viatical Settlements Model Act

This text of Ohio § 3916.173 (Trusts to give appearance of insurable interest illegal) 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. § 3916.173 (2026).

Text

Trusts or other persons that are created to  give the appearance of insurable interest and are used to initiate  one or more policies for investors violate insurable interest laws  and the prohibition against wagering on life.

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Legislative History

Effective: September 11, 2008 | Latest Legislation: House Bill 404 - 127th General Assembly

Nearby Sections

15

§ 3916.01

Viatical settlements model act definitions

§ 3916.02

Viatical settlement provider or broker license

§ 3916.03

Application for license - issuance, renewal - new or revised information

§ 3916.031

Licensed broker business to maintain licensed individual

§ 3916.04

Broker deemed to represent viator - fiduciary duty

§ 3916.05

Forms to be approved by superintendent - fees

§ 3916.06

Required disclosures with application

§ 3916.07

Viatical settlement provider - duties - confidentiality of medical information

§ 3916.08

Right to rescind contract after receipt of proceeds

§ 3916.09

Independent escrow agent

§ 3916.10

Limiting contact with insured after settlement has occurred

§ 3916.11

Records - examinations

§ 3916.12

Annual statement - financial statements

§ 3916.13

Permitted disclosures

§ 3916.14

Examination by superintendent

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Bluebook (online)

Ohio § 3916.173, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/3916.173.