Ohio § 3955.06 Ohio insurance guaranty association

Ohio Statutes

§ 3955.06 — Ohio insurance guaranty association

Ohio § 3955.06

Title 39Insurance

Ch. 3955Ohio Insurance Guaranty Association

This text of Ohio § 3955.06 (Ohio insurance guaranty association) 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. § 3955.06 (2026).

Text

(A)There is hereby created an unincorporated nonprofit association to be known as the Ohio insurance guaranty association. All member insurers, as defined in division (D) of section3955.01of the Revised Code, shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under section3955.09of the Revised Code and shall exercise its powers through a board of directors established under section3955.07of the Revised Code.

(B)For purposes of administration and assessment, the association shall be divided into two accounts:

(1)The automobile insurance account;

(2)The account for all other insurance to which sections3955.01to3955.

Free access — add to your briefcase to read the full text and ask questions with AI

(A) There is hereby created an unincorporated nonprofit association to be known as the Ohio insurance guaranty association. All member insurers, as defined in division (D) of section3955.01of the Revised Code, shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under section3955.09of the Revised Code and shall exercise its powers through a board of directors established under section3955.07of the Revised Code.

(B) For purposes of administration and assessment, the association shall be divided into two accounts:

(1) The automobile insurance account;

(2) The account for all other insurance to which sections3955.01to3955.19of the Revised Code apply.