reglab/housing_qa huggingface dataset:
Ohio Rev Code § 3909.03 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.03 | Deposit of Securities.

Effective: October 1, 1953|Latest Legislation:  Senate Bill 361 - 100th General Assembly|No life insurance company organized by act of congress or under the laws of another state of the United States shall transact any business of insurance in this state unless at least one hundred thousand dollars of its assets are invested in the interest paying bonds or stocks of the United States, or of this state, or of any municipal corporation or county of this state, or in farm loan bonds issued under the act of congress known as the "Federal Farm Loan Act," approved July 17, 1916, and amendments thereto, or in the interest paying state bonds or stocks of some other state, of the market value of one hundred thousand dollars in the city of New York, or in bonds and mortgages on unencumbered real estate in this state, or in the state under the laws of which it was organized, of at least double the value of the amount loaned thereon, and unless such bonds and mortgages are deposited with the superintendent of insurance of this state or the chief financial or other officer of the state in which such company was organized, designated by the laws of such state to receive them. If such bonds and mortgages are deposited with the superintendent of insurance or other officer of another state, the superintendent of insurance of this state shall be furnished with the certificate of such state officer, under his hand and official seal, that he, as such officer, holds in trust and on deposit for the benefit of the policyholders of such company, said bonds and mortgages, giving the items thereof, and stating that he is satisfied that such securities are worth at least one hundred thousand dollars.
Ohio Rev Code § 3909.04 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.04 | Filing Copy of Charter and Statement.

Effective: January 1, 2021|Latest Legislation:  House Bill 339 - 133rd General Assembly|Every life insurance company organized by act of congress or under the laws of another state of the United States shall file with the superintendent of insurance a certified copy of its charter, or deed of settlement, together with a statement, under the oath of the president, vice-president, or other chief officer or manager, and the secretary of the company, stating the name of the company, the place where it is located, and the amount of its capital, with a detailed statement of all the facts required in the annual statement of companies organized under sections 3907.01 to 3907.21 of the Revised Code, except as to the statement required by division (N) of section 3907.19 of the Revised Code, which statement shall be filed by such company only when required by the superintendent for purposes of actual valuation, as provided by the insurance laws of this state. The statement also shall include a copy of its last annual report, if any was made.
Ohio Rev Code § 3909.06 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.06 | Annual Statement.

Effective: September 1, 2002|Latest Legislation:  Senate Bill 129 - 124th General Assembly|Every life insurance company organized by act of congress or under the laws of another state of the United States doing business in this state, annually shall file a statement of its condition and affairs in the office of the superintendent of insurance, and such statement shall be filed on the forms adopted by the superintendent pursuant to section 3901.77 of the Revised Code.
Ohio Rev Code § 3909.07 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.07 | Premium Notice to Policyholders.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Every life insurance company organized by act of congress or under the laws of another state of the United States, after the payment of the first premium, and not more than sixty nor less than ten days prior to the maturity of every subsequent premium, shall give notice in writing of the time of payment of such premium to the person whose life is insured or to any other person who is the assignee or the owner of the policy, provided such other person is to pay premium for such insurance and is a resident of this state, and provided the company has been notified in writing of such assignment or ownership and the address to which notices are to be sent. Proof of the mailing of the notice to the policyholder, assignee, or owner by the company or its agent, to the last address as given by the policyholder, assignee, or owner to the company, is conclusive proof of its service. Such notice shall set forth the amount of the premium, and, if the policy is a participating one, where dividends are being used to reduce the amount of the premiums, it shall state the net premium. Notice shall be given annually if dividends are being allowed to accumulate at interest, or if dividends are being used to purchase paid-up additional insurance. This section does not apply to group insurance or to monthly or weekly premium insurance.
Ohio Rev Code § 3909.08 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.08 | Renewal Certificates of Authority.

Effective: January 13, 1978|Latest Legislation:  House Bill 534 - 112th General Assembly|If the annual statement required by section 3909.06 of the Revised Code is satisfactory evidence to the superintendent of insurance of the solvency and ability of the company to meet all its engagements at maturity, and that the deposit is maintained as required by section 3909.03 of the Revised Code, he shall issue renewal certificates of authority to the agents of the company, certified copies of which must be filed in the county recorder's office of the county in which the agency is located. Such renewal certificates shall be retained by the recorder for a minimum of two years from the date of filing and shall be the authority of such agents to issue new policies in this state for the ensuing year.
Ohio Rev Code § 3909.09 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.09 | Requirements for Foreign Companies.

Effective: October 29, 2003|Latest Legislation:  House Bill NO137 - 125th General Assembly|No person shall act in this state as agent, or otherwise, in receiving or procuring applications for life insurance, nor in any manner aid in transacting the business of any company, partnership, or association incorporated by or organized under the laws of any foreign government, until such company, partnership, or association completes the following acts:(A) Deposits with the superintendent of insurance, for the benefit of policyholders of the company, partnership, or association, who are citizens or residents of the United States, securities to the amount of one hundred thousand dollars, of the kind required for similar companies of this state;(B) Appoints a statutory agent in accordance with section 3909.05 of the Revised Code;(C) Files with the superintendent a certified copy of its charter, or deed of settlement, and a duplicate original copy of the letter or power of attorney of the company, partnership, or association, appointing the attorney thereof, which appointment shall continue until another attorney is substituted.
Ohio Rev Code § 3909.10 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.10 | Statements to Be Filed.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Every company, partnership, or association described in section 3909.09 of the Revised Code shall file a statement of its condition and affairs in the office of the superintendent of insurance, in the form and manner required for the annual statements of similar companies organized under the laws of this state, and annually, on the first day of January, or within sixty days thereafter, shall file with the superintendent a statement of all its affairs, in the manner and form required of similar companies of this state, except as to the requirements of schedule in division (N) of section 3907.19 of the Revised Code, which schedule shall be filed only when required by the superintendent for purposes of actual valuation, as provided by the laws of this state.Such annual statement shall be accompanied by a supplementary statement, verified by the attorney or general agent of the company, partnership, or association in this state, giving a detailed description of the policies issued, and also those which have ceased to be in force, during the year, and the amount of premiums received, and the claims and taxes paid in this state and the United States, for the year ending on the thirty-first day of December. Such statement shall also contain a description of the investments of the company, partnership, or association in this country, and such other information as is required by the superintendent.
Ohio Rev Code § 3909.11 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.11 | Certificate of Authority.

Effective: January 13, 1978|Latest Legislation:  House Bill 534 - 112th General Assembly|No person, directly or indirectly, shall act as agent for any company, partnership, or association described in section 3909.09 of the Revised Code, either in procuring applications for insurance, taking risks, or in any manner aiding in the transaction of the business of life insurance in this state, until it procures from the superintendent of insurance a certificate of authority, which shall be renewable annually, stating that sections 3909.01 to 3909.17 of the Revised Code have been complied with, and setting forth the name of its attorney, a certified copy of which certificate must be filed with and retained for a minimum of two years from the date of filing by the county recorder's office of the county where the agency is to be established, and which shall be the authority of such company, partnership, or association, and its agent, to do business in this state. Such certificates shall be retained on file for one year after the date of filing.
Ohio Rev Code § 3909.12 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.12 | Renewal Certificates of Authority.

Effective: January 13, 1978|Latest Legislation:  House Bill 534 - 112th General Assembly|If the annual statement required by section 3909.10 of the Revised Code is satisfactory evidence to the superintendent of insurance of the solvency and ability of the company, partnership, or association to meet all its engagements at maturity, he shall issue renewal certficates of authority to the agents thereof, certified copies of which must be filed-by said agents in the county recorder's office of the county where the agency is located and retained therewith for a minimum of two years from the date of filing. Such renewal certificates shall be the authority of the agents to issue new policies in this state for the ensuing year.
Ohio Rev Code § 3909.13 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.13 | Failure to Make Statement.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|If a company, partnership, or association, organized without this state, neglects or refuses to make annual statements, all persons acting in this state as its agents, or otherwise, in transacting the business of insurance, shall be subject to the penalties provided by law in case of the failure of an insurance company organized under the laws of this state to make an annual statement.
Ohio Rev Code § 3909.14 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.14 | Duration of Licenses.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|All licenses granted by the superintendent of insurance under sections 3907.01 to 3907.21, inclusive, and 3909.01 to 3909.17, inclusive, of the Revised Code, shall continue in force, unless suspended or revoked, until the first day of April next after the date of their issuance.
Ohio Rev Code § 3909.15 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.15 | Appointment of Agents to Receive Service.

Effective: October 29, 2003|Latest Legislation:  House Bill NO137 - 125th General Assembly|If a company, partnership, or association, organized under the laws of any other state or government, ceases to transact the business of life insurance in this state according to law, the statutory agent last designated by or acting for it is deemed to continue as agent for it, unless a new statutory agent is appointed, for the purpose of serving process, and for commencing actions upon any policy or liability issued or contracted while it transacted business in this state, and service of process upon any such agent, for such causes, is a valid service upon the company, partnership, or association.This section does not limit or affect the right to serve any process, notice, or demand upon a company, partnership, or association in any other manner permitted by law.
Ohio Rev Code § 3909.17 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3909 | Foreign Life Insurance Companies|Section 3909.17 | Interest on Securities and Their Exchange.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Sections 3909.01 to 3909.17, inclusive, of the Revised Code do not prevent a company, partnership, or association mentioned in such sections from collecting the interest on any securities deposited by it, so long as it continues solvent and complies with such sections, nor do such sections prevent any such company, partnership, or association from exchanging them for other securities of equal value of the kind named in such sections, with the officers having them in trust.
Ohio Rev Code § 3911.01 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.01 | Authorized Types of Business.

Effective: March 20, 1972|Latest Legislation:  Senate Bill 444 - 109th General Assembly|No life insurance company, organized under the laws of this state, shall undertake any business or risk except as provided in this section, and no company, partnership, or association, organized or incorporated by act of congress, or under the laws of this or any other state of the United States, or by any foreign government, transacting the business of life insurance in this state, shall be permitted to take any kind of risks, except those connected with the making of insurance on life or against accidents to persons, sickness, or temporary or permanent physical disability, and with the granting, purchasing, and disposing of annuities. A life insurance company may also assume reinsurance of medical payments, accidental death, dismemberment, or disability coverages written by any insurance company other than life as supplementary coverages to any policy of liability insurance as described in division (A) of section 3923.20 of the Revised Code. The business of life insurance, or life and accident insurance, in this state, shall not be in any way transacted by any company, partnership, or association which in this state, or in any other state or country, makes insurance on marine, fire, inland, or any other risk, or does a banking or any other kind of business in connection with insurance.
Ohio Rev Code § 3911.012 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.012 | Reserves for Line of Sickness and Accident Insurance.

Effective: August 8, 1991|Latest Legislation:  Senate Bill 137 - 119th General Assembly|(A) Each life insurance company authorized to transact business in this state shall maintain reserves, with respect to any line of sickness and accident insurance that it writes, in at least all of the following amounts:(1) An amount that equals the unearned portions of the gross premiums charged on unexpired or unterminated risks and policies;(2) An amount that is estimated to be sufficient to provide for the ultimate payment of all losses or claims, whether reported or unreported, for which the company may be liable, if the losses or claims are incurred on or before the date that the annual or interim financial statement is filed and remain unpaid as of that date.(3) An amount that is estimated to provide for the expenses incurred in adjusting or settling the claims described in division (A)(2) of this section.(B) Each company shall calculate the reserves required under division (A) of this section in accordance with any rules adopted, in accordance with Chapter 119. of the Revised Code, by the superintendent of insurance.
Ohio Rev Code § 3911.02 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.02 | Annual Statements to Superintendent of Insurance.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Every life insurance company doing business in this state, and issuing policies on both the participating and nonparticipating plans, shall file with the superintendent of insurance separate annual statements of profits and losses with reference to each of such kinds of insurance.
Ohio Rev Code § 3911.021 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.021 | Report on Measures to Detect Stranger-Originated Insurance.

Effective: September 11, 2008|Latest Legislation:  House Bill 404 - 127th General Assembly|Any insurance company that issues life insurance policies in this state shall file electronically, in a format prescribed by the superintendent of insurance, on or before June first of each year, a description of the measures taken by the insurance company to detect and prevent stranger-originated life insurance. The description shall be attested to by an officer of the company. The reports shall be maintained by the superintendent as confidential and not a matter of public record. As used in this section, "stranger-originated life insurance" has the same meaning as in section 3916.01 of the Revised Code.
Ohio Rev Code § 3911.03 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.03 | Copies of Applications and Documents.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Every person holding a policy of insurance issued by a company on the life of any person is entitled to be furnished by the company with a copy of any application or document held by it, either written or printed, upon which such policy was issued, or which may affect its validity. Upon demand made for such copy by the holder of a policy, or by any person upon whose life it was so issued, the company shall make and forthwith furnish to such holder or person a certified copy of all such applications or friends' certificates, under the hand of the president, secretary, or other proper officer of the company and under its seal.If such company neglects or fails for thirty days from the time of such demand to furnish to such person a copy of all papers mentioned in this section, it thereafter is forever barred from setting up, by way of defense to a suit on the policy of insurance, any error or incorrectness, or fraud or misrepresentation of the person making such papers, or any mistake therein. Such application or other document shall thereafter be considered as true and correct in all respects, so far as it affects any claim under such policy, or fund secured thereby.
Ohio Rev Code § 3911.04 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.04 | Copies of Applications to Accompany Policies Issued.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Every life insurance company doing business in this state shall return with, and as part of any policy issued by it, to any person taking such policy, a complete copy of each application or other document held by it which is intended in any manner to affect the force or validity of such policy. A company which neglects to do so is estopped from denying the truth of any such application or other document, so long as it is in default for such copy. In case such company neglects for thirty days after demand made therefor, to furnish such copies, it is forever barred from setting up as a defense to any suit on the policy, any incorrectness or want of truth of such application or other document.
Ohio Rev Code § 3911.05 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.05 | Language of Application.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|No life insurance company doing business in this state shall take any application, medical certificate, or other document, for insurance upon the life of any person, in cipher or by character of any sort other than ordinary written or printed language. Any application, medical certificate, or other document taken in violation of this section is void as against any person claiming under a policy of insurance issued thereon.
Ohio Rev Code § 3911.06 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.06 | False Answer.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|No answer to any interrogatory made by an applicant in his application for a policy shall bar the right to recover upon any policy issued thereon, or be used in evidence at any trial to recover upon such policy, unless it is clearly proved that such answer is willfully false, that it was fraudulently made, that it is material, and that it induced the company to issue the policy, that but for such answer the policy would not have been issued, and that the agent or company had no knowledge of the falsity or fraud of such answer.
Ohio Rev Code § 3911.07 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.07 | Defenses Limited.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|After having received three annual premiums on a policy issued on the life of any person in this state, all companies are estopped from defending upon any ground other than fraud against any claim arising upon such policy by reason of errors, omissions, or misstatements of the insured in an application made by him on which the policy was issued, except as to age.
Ohio Rev Code § 3911.08 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3911 | Domestic and Foreign Life Insurance Companies|Section 3911.08 | Minor's Contract for Insurance.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|In respect to insurance issued upon the life of any minor, regardless of the age of the minor at the date of the issuance of said insurance, for the benefit of such minor, or for the benefit of the father, mother, husband, wife, child, brother, or sister of such minor, the insured is not, by reason only of such minority, incompetent to contract for such insurance, or for the surrender of such insurance, or to give a valid discharge for any benefit accruing, or for money payable under the contract, or to contract for the payment of a policy loan, or to contract for any policy change, provided he is fifteen years of age or older on the date he enters into any such contract or gives any such discharge.