Ohio § 3923.17 Prohibition of rebates not to prohibit commissions or dividends

Ohio Statutes

§ 3923.17 — Prohibition of rebates not to prohibit commissions or dividends

Ohio § 3923.17

Title 39Insurance

Ch. 3923Sickness And Accident Insurance

This text of Ohio § 3923.17 (Prohibition of rebates not to prohibit commissions or dividends) 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. § 3923.17 (2026).

Text

The laws of this state prohibiting rebates do not prohibit any of the following:

(A)The payment of a commission or other compensation to any licensed agent or broker;

(B)Any insurer from allowing or returning to its participating policyholders dividends, savings, or unused premium deposits;

(C)Any insurer from returning or otherwise abating, in full or in part, the premiums of its policyholders out of surplus accumulated from nonparticipating insurance;

(D)The taking of a bona fide obligation, with interest at a rate not exceeding six per cent per annum, in the payment of any premium.

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The laws of this state prohibiting rebates do not prohibit any of the following:

(A) The payment of a commission or other compensation to any licensed agent or broker;

(B) Any insurer from allowing or returning to its participating policyholders dividends, savings, or unused premium deposits;

(C) Any insurer from returning or otherwise abating, in full or in part, the premiums of its policyholders out of surplus accumulated from nonparticipating insurance;

(D) The taking of a bona fide obligation, with interest at a rate not exceeding six per cent per annum, in the payment of any premium.