Ohio Statutes
§ 3925.22 — Restriction against debts
Ohio § 3925.22
This text of Ohio § 3925.22 (Restriction against debts) 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. § 3925.22 (2026).
Text
No mutual insurance company shall borrow money or create a debt, except for necessary office buildings, which is to continue beyond the period when an assessment may be collected and applied to the payment thereof, and no member of such a company shall be assessed for liabilities incurred prior to his membership.
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Legislative History
Effective: October 1, 1953 | Latest Legislation: House Bill 1 - 100th General Assembly
Nearby Sections
15
§ 3925.01
Approval and recording of articles§ 3925.02
Subscription to stock§ 3925.03
Election of directors and officers§ 3925.05
Investment of capital§ 3925.06
Additional investments§ 3925.07
Deposit of securities§ 3925.081
Investing in mortgage related securities§ 3925.09
Limitations on certain investments§ 3925.10
Liability of directors§ 3925.12
Capitalization requirementsCite This Page — Counsel Stack
Bluebook (online)
Ohio § 3925.22, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/3925.22.