Ohio Statutes
§ 3955.07 — Board of directors
Ohio § 3955.07
This text of Ohio § 3955.07 (Board of directors) 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. § 3955.07 (2026).
Text
(A)The board of directors of the Ohio insurance guaranty association shall consist of not less than five nor more than nine persons serving terms as established in the plan of operation. The members of the board shall be selected by member insurers, subject to the approval of the superintendent. Vacancies on the board shall be filled for the remaining period of the term by the unanimous vote of the remaining directors with the approval of the superintendent of insurance. A majority of the members shall be representatives of domestic insurers.
(B)In approving selections to the board, the superintendent shall consider among other things whether all member insurers are fairly represented.
(C)Members of the board may be reimbursed from the assets of the association for expenses incurred b
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Legislative History
Effective: May 21, 1976 | Latest Legislation: House Bill 1267 - 111th General Assembly
Nearby Sections
15
§ 3955.01
Definitions§ 3955.02
Citing act§ 3955.03
Purposes of chapter§ 3955.04
Liberal construction of chapter§ 3955.06
Ohio insurance guaranty association§ 3955.07
Board of directors§ 3955.08
Association powers and duties§ 3955.09
Plan of operation and amendments§ 3955.13
Exhausting rights under other policyCite This Page — Counsel Stack
Bluebook (online)
Ohio § 3955.07, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/3955.07.