Ohio § 3941.35 Merger or consolidation of companies

Ohio Statutes

§ 3941.35 — Merger or consolidation of companies

Ohio § 3941.35

Title 39Insurance

Ch. 3941Operation Of Mutual Insurance Companies

This text of Ohio § 3941.35 (Merger or consolidation of companies) 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. § 3941.35 (2026).

Text

Any mutual insurance company organized under Chapter 3941. of the Revised Code may merge or consolidate with any other mutual insurance company or companies, foreign, alien, or domestic, subject to the requirements of sections3941.35to3941.46, inclusive, of the Revised Code. The surviving or resulting company may be a continuation of the corporate existence of one of the parties to the agreement, and may be either a domestic, foreign, or alien company. Sections3941.35to3941.45, inclusive, of the Revised Code apply to mergers or consolidations in which a domestic mutual company is a party. Section3941.46of the Revised Code applies to mergers or consolidations in which a foreign or alien mutual company licensed in this state is a party, but no domestic company is a party.

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Any mutual insurance company organized under Chapter 3941. of the Revised Code may merge or consolidate with any other mutual insurance company or companies, foreign, alien, or domestic, subject to the requirements of sections3941.35to3941.46, inclusive, of the Revised Code. The surviving or resulting company may be a continuation of the corporate existence of one of the parties to the agreement, and may be either a domestic, foreign, or alien company. Sections3941.35to3941.45, inclusive, of the Revised Code apply to mergers or consolidations in which a domestic mutual company is a party. Section3941.46of the Revised Code applies to mergers or consolidations in which a foreign or alien mutual company licensed in this state is a party, but no domestic company is a party.