Ohio § 5725.20 Certification to treasurer of state by superintendent of insurance

Ohio Statutes

§ 5725.20 — Certification to treasurer of state by superintendent of insurance

Ohio § 5725.20

Title 57Taxation

Ch. 5725Financial Institutions; Dealers In Intangibles; Insurance Companies

This text of Ohio § 5725.20 (Certification to treasurer of state by superintendent of insurance) 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. § 5725.20 (2026).

Text

On or before the first Monday of May in each year, the superintendent of insurance shall certify to the treasurer of state the amount of the capital and surplus of each domestic insurance company having capital divided into shares and the surplus of each domestic insurance company not having capital divided into shares, or the amount equal to eight and one-third times the gross amount of premiums received by any such domestic insurance company from policies covering risks within this state during the preceding calendar year after making the deductions prescribed by section5729.03of the Revised Code for foreign insurance companies, as reported in the annual statement of the company and approved by the superintendent.

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On or before the first Monday of May in each year, the superintendent of insurance shall certify to the treasurer of state the amount of the capital and surplus of each domestic insurance company having capital divided into shares and the surplus of each domestic insurance company not having capital divided into shares, or the amount equal to eight and one-third times the gross amount of premiums received by any such domestic insurance company from policies covering risks within this state during the preceding calendar year after making the deductions prescribed by section5729.03of the Revised Code for foreign insurance companies, as reported in the annual statement of the company and approved by the superintendent.