Ohio § 3925.081 Investing in mortgage related securities

Ohio Statutes

§ 3925.081 — Investing in mortgage related securities

Ohio § 3925.081

Title 39Insurance

Ch. 3925Domestic Insurance Companies Other Than Life

This text of Ohio § 3925.081 (Investing in mortgage related securities) 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. § 3925.081 (2026).

Text

(A)Any securities described in section 77r-1 of the "Secondary Mortgage Market Enhancement Act of 1984," 98 Stat. 1689, 15 U.S.C.A. 77r-1, shall be subject to all limitations prescribed in section3925.08of the Revised Code for investments not guaranteed by the full faith and credit of the United States.

(B)Notwithstanding division (A) of this section, on and after August 8, 1991, a domestic insurance company other than life may invest in any of the following securities, subject to any applicable limitations contained in rules adopted by the superintendent of insurance:

(1)Securities offered and sold pursuant to 15 U.S.C.A. section 77d(5);

(2)Mortgage related securities described in 15 U.S.C.A. section 78c(a)(41);

(3)Securities issued or guaranteed by the federal home loan mortgage

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(A) Any securities described in section 77r-1 of the "Secondary Mortgage Market Enhancement Act of 1984," 98 Stat. 1689, 15 U.S.C.A. 77r-1, shall be subject to all limitations prescribed in section3925.08of the Revised Code for investments not guaranteed by the full faith and credit of the United States.

(B) Notwithstanding division (A) of this section, on and after August 8, 1991, a domestic insurance company other than life may invest in any of the following securities, subject to any applicable limitations contained in rules adopted by the superintendent of insurance:

(1) Securities offered and sold pursuant to 15 U.S.C.A. section 77d(5);

(2) Mortgage related securities described in 15 U.S.C.A. section 78c(a)(41);

(3) Securities issued or guaranteed by the federal home loan mortgage corporation or the federal national mortgage association.