Ohio Statutes
§ 3941.10 — Maximum premium - cash premium
Ohio § 3941.10
This text of Ohio § 3941.10 (Maximum premium - cash premium) 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. § 3941.10 (2026).
Text
The maximum premium payable by any member of a domestic mutual company may be a cash premium and an additional contingent premium not less than the cash premium, or may be solely a cash premium. No policy shall be issued for a cash premium without an additional contingent premium unless the company has a surplus which is not less in amount than the capital stock required of domestic stock insurance companies transacting the same kind of insurance.
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Legislative History
Effective: October 1, 1953 | Latest Legislation: House Bill 100 - 100th General Assembly
Nearby Sections
15
§ 3941.02
Organization of domestic mutual company - kinds of insurance transacted - licensing of agent§ 3941.03
Amendment of articles§ 3941.07
Every policyholder a member§ 3941.08
Advance cash premiums§ 3941.09
Amendment of bylaws§ 3941.10
Maximum premium - cash premium§ 3941.12
Investment of assets§ 3941.15
Assessment by impaired companyCite This Page — Counsel Stack
Bluebook (online)
Ohio § 3941.10, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/3941.10.