Ohio Statutes
§ 3999.38 — Prohibiting payment of dividend when insurer is impaired
Ohio § 3999.38
This text of Ohio § 3999.38 (Prohibiting payment of dividend when insurer is impaired) 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. § 3999.38 (2026).
Text
No insurer shall knowingly declare or pay any dividend whenever the insurer is impaired. For purposes of this section, "insurer" also includes any person doing the business of insurance in this state.
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Legislative History
Effective: August 8, 1991 | Latest Legislation: Senate Bill 137 - 119th General Assembly
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Bluebook (online)
Ohio § 3999.38, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/3999.38.