reglab/housing_qa huggingface dataset:
Ohio Rev Code § 3913.07 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.07 | Term of Directors or Trustees.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|In order to secure continuity of membership in its board of directors or trustees, the articles of incorporation of any mutual life insurance corporation may provide for division of the board into not more than three classes, as nearly equal in number as possible, and may fix the term of office for each class.Unless such provision is made in the articles of incorporation, all directors and trustees shall be elected annually.
Ohio Rev Code § 3913.08 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.08 | Meetings.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Meetings of the board of directors or trustees of any mutual life insurance corporation shall be upon such notice as the code of regulations prescribes. Attendance of a director or trustee at any meeting constitutes a waiver of notice of such meeting, except when a director or trustee attends the meeting for the express purpose of objecting to the transaction of any business because the meeting is not lawfully called or convened. The notice or waiver of notice need not specify the business to be transacted at, nor the purpose of, any regular or special meeting of the board of directors or trustees.
Ohio Rev Code § 3913.09 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.09 | Executive Committee.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|If the code of regulations of any mutual life insurance corporation so provides, the board of directors or trustees, by a resolution adopted by a majority of the whole board, may designate three or more of its number to constitute an executive committee, which committee shall, to the extent provided in the resolution or in the code of regulations, have and exercise, during the interim between the meetings of the board, all of the authority of the board in the management of the corporation.The designation of such committee shall not relieve the board, or any member thereof, of any responsibility imposed by law.
Ohio Rev Code § 3913.10 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.10 | Code of Regulations.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|The code of regulations of any mutual life insurance corporation shall provide that each policyholder of the corporation shall be a member of the corporation.As used in this section, "policyholder" means the person insured under an individual policy of life insurance, and the person to whom any annuity or pure endowment is presently or prospectively payable by the terms of an individual annuity or pure endowment contract, except where the policy or contract declares some other person to be the owner or holder thereof, in which case such owner or policyholder shall be deemed the policyholder, and except in cases of assignment. In the case of any individual policy or contract insuring two or more persons jointly or in case the policy or contract declares two or more persons to be the owner, the persons insured or declared to be the owner are considered as one policyholder. In case any such policy or contract has been assigned by an assignment absolute on its face to an assignee other than the corporation, and such assignment is filed at the principal office of the corporation, then such assignee shall be deemed a policyholder, but for the purpose of determining voting rights such assignment is not effective until thirty days after it has been filed with the corporation. Except as provided in this section an assignee of a policy or contract shall not be deemed a policyholder.Such code of regulations shall provide that each policyholder who is insured in the sum of at least one thousand dollars, or who is the holder of an annuity which at normal date of maturity requires the payment of one hundred dollars or more annually, and whose insurance or contract of annuity is then in force and has been in force for at least one year prior to a policyholders' meeting, shall be entitled to only one vote, irrespective of the number of policies or contracts held by him or their amount.The power to make, alter, amend, or repeal the code of regulations is vested in the board of directors or trustees, unless it is reserved to the members by the articles of incorporation.The code of regulations of a mutual legal reserve life insurance corporation shall provide that such corporation shall issue no policy of life insurance or annuity contract which provides for the payment of any assessment by any policyholder or member in addition to the regular premium charged for such insurance or annuity.
Ohio Rev Code § 3913.12 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.12 | Consideration to Policyholders in Effecting Conversion.

Effective: September 24, 1986|Latest Legislation:  House Bill 892 - 116th General Assembly|(A) In effecting a conversion of a mutual life insurance company into a stock life insurance company, each policyholder is entitled to consideration in an amount equal to his equitable share of the value of the mutual company as provided for in the plan of conversion. Such consideration may be in the form of stock, either common or preferred, warrants, bonds, debentures, cash, or increased benefits. If the plan provides for consideration in the form of stock and if such equitable share of the value of the mutual company entitles a policyholder to a fractional share of stock, he shall have the option of receiving the value of such fractional share in cash or of purchasing such additional fraction as will entitle him to a full share. If the plan of conversion provides for consideration in the form of stock and if the initial issue of stock of the new company exceeds the number of shares to which the policyholders are entitled in the aggregate, each policyholder is also entitled to preemptive rights in subscribing to his proportionate number of shares of such excess.(B) The value of the company is the value as determined by the appraisal committee pursuant to division (D) of section 3913.11 of the Revised Code, and approved by the superintendent of insurance. The equitable share of the value of the new company held by each policyholder shall be determined by the ratio which the premiums paid by the policyholder and the dividends paid or credited to him during the three year period preceding, and the reserve on his policy on, the date of the examination conducted pursuant to division (C) of section 3913.11 of the Revised Code bear to the total premiums received and dividends paid or credited by the company during the same period and the reserves on all policies, appropriate weight being given to premiums, dividends, and reserves as the company with the approval of the superintendent of insurance deems appropriate in the circumstances.(C) Upon conversion of a mutual life insurance company to a stock life insurance company, each policyholder's ownership interest in the mutual company terminates except for the shares of the new company or other consideration in lieu thereof which said policyholder is entitled to receive and except for all other rights arising under his policy or policies of insurance.
Ohio Rev Code § 3913.13 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.13 | Appeal of Policyholder Adversely Affected.

Effective: July 17, 1970|Latest Legislation:  Senate Bill 485 - 108th General Assembly|Any policyholder adversely affected by an order of the superintendent of insurance pursuant to division (F) of section 3913.11 of the Revised Code, may appeal to the court of common pleas of Franklin county pursuant to section 119.12 of the Revised Code.
Ohio Rev Code § 3913.20 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.20 | Conversion to Stock Insurance Corporation Other Than Life Definitions.

Effective: November 6, 1969|Latest Legislation:  Senate Bill 164 - 108th General Assembly|As used in sections 3913.20 to 3913.23, inclusive, of the Revised Code:(A) "Policy" means a contract of insurance, other that life insurance issued on the mutual plan, and includes the master contract for group insurance, and also includes any policy or policies from or in continuation of which a policy in effect on the date of the examination conducted pursuant to division (C) of section 3913.21 of the Revised Code has been reissued or renewed.(B) "Policyholder" means the person, group of persons, association, corporation, partnership, or other entity named as the insured under a mutual policy of insurance other than life issued and in force on the date of the examination conducted pursuant to division (C) of section 3913.21 of the Revised Code.
Ohio Rev Code § 3913.23 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.23 | Appeal of Policyholder Adversely Affected.

Effective: November 6, 1969|Latest Legislation:  Senate Bill 164 - 108th General Assembly|Any policyholder adversely affected by an order of the superintendent of insurance pursuant to division (F) of section 3913.21 of the Revised Code, may appeal to the court of common pleas of Franklin county pursuant to section 119.12 of the Revised Code.
Ohio Rev Code § 3913.25 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.25 | Reorganization of Mutual Insurance Company as Stock Insurance Company Definitions.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|As used in sections 3913.25 to 3913.38 of the Revised Code:(A) "Intermediate holding company" means a stock corporation that owns all of the shares of voting stock of one or more reorganized stock companies after a reorganization under sections 3913.25 to 3913.38 of the Revised Code. "Intermediate holding company" also means a stock corporation that is the parent or subsidiary of another intermediate holding company.(B) "Mutual insurance company" means a domestic or foreign mutual life insurance company or a domestic or foreign mutual insurance company other than a mutual life insurance company.(C) "Mutual insurance holding company" means a domestic mutual insurance holding company incorporated pursuant to a reorganization plan adopted under sections 3913.26 to 3913.28 of the Revised Code, which company is the parent company of a reorganized stock company or of an intermediate holding company.(D) "Policyholder" has the same meaning as in section 3913.10 of the Revised Code when used with respect to a life insurance company, and has the same meaning as in section 3913.20 of the Revised Code when used with respect to an insurance company other than a life insurance company.(E) "Reorganization plan" means a reorganization plan adopted by a mutual insurance company's board of directors in accordance with section 3913.26 of the Revised Code.(F) "Reorganized stock company" means the domestic or foreign stock insurance company resulting from a domestic or foreign mutual insurance company's reorganization under sections 3913.25 to 3913.38 of the Revised Code.(G) "Voting stock" means securities of any class or any ownership interest having voting power for the election of directors, trustees, or management of a person, other than securities having voting power only as a result of the occurrence of a contingency.
Ohio Rev Code § 3913.29 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.29 | Amendments to Articles of Incorporation.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|(A) Proposed amendments to the articles of incorporation of a mutual insurance holding company may be adopted at any members' meeting. The board of directors of a mutual insurance holding company shall provide notice of any members' meeting conducting a vote on the adoption of an amendment to the articles of incorporation in a newspaper of general circulation published in the county where the company's principal place of business is located, at least thirty days prior to the members' meeting. Where the amendment is not inconsistent with the constitution and laws of this state and of the United States, the amendment may be adopted by the affirmative vote of at least three-fifths of the members present and voting at the meeting. After adopting an amendment, the board of directors shall submit the amendment to the attorney general for examination and approval.(B) If, upon examination, the attorney general finds that the amendments adopted at the members' meeting are in accordance with applicable sections of the Revised Code, and are not inconsistent with the constitution and laws of the United States and of this state, the attorney general shall approve of the amendment to the articles of incorporation.(C) Upon receiving the approval of the attorney general, the amendment and a certificate of the attorney general's approval shall be filed in the office of the secretary of state, and shall thereupon be in effect. After recording the amendment, the secretary of state shall deposit a copy thereof with the superintendent of insurance.
Ohio Rev Code § 3913.30 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.30 | Continuation of Corporate Existence, Directors and Officers.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|(A) Upon a reorganization plan taking effect in accordance with section 3913.28 of the Revised Code, the corporate existence of the mutual insurance company shall continue in the reorganized stock company. On the effective date of the reorganization, all of the assets, rights, franchises, and interests of the mutual insurance company in and to every species of property, whether real, personal, or mixed, and any accompanying choses in action, shall be vested in the reorganized stock company, without any deed or transfer, and the reorganized stock company shall assume all the obligations and liabilities of the mutual insurance company.(B) Unless otherwise specified in a reorganization plan, those persons who are the directors and officers of a mutual insurance company on the effective date of the reorganization shall serve as the directors and officers of the reorganized stock company until new directors and officers are elected pursuant to the reorganized stock company's articles of incorporation and code of regulations.
Ohio Rev Code § 3913.31 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.31 | Payment or Reimbursement of Costs and Expenses.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|All costs and expenses of the process of a reorganization under sections 3913.25 to 3913.38 of the Revised Code shall be paid for or reimbursed by the mutual insurance company, the reorganized stock company, or an intermediate holding company.
Ohio Rev Code § 3913.32 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.32 | Reorganization by Merging or Consolidating Membership Interests.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|(A) A mutual insurance company may reorganize by merging its policyholders' membership interests into a domestic or foreign mutual insurance holding company and continuing the corporate existence of the mutual insurance company as a reorganized stock company. A mutual insurance company reorganizing under this section shall comply with all applicable provisions of sections 3913.25 to 3913.38 of the Revised Code, and all applicable laws of foreign jurisdictions, to effect the reorganization.(B) A domestic or foreign mutual insurance holding company may reorganize by merging or consolidating its membership interests into another domestic or foreign mutual insurance holding company. A domestic or foreign mutual insurance holding company reorganizing under this division shall comply with all applicable provisions of sections 3913.25 to 3913.38 of the Revised Code, and all applicable laws of foreign jurisdictions, to effect the reorganization.
Ohio Rev Code § 3913.33 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.33 | Rights and Status of Membership.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|A membership interest in a mutual insurance holding company is not a security under the laws of this state. No member of a mutual insurance holding company may transfer membership in the mutual insurance holding company or any right arising from membership.
Ohio Rev Code § 3913.34 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.34 | Applying Other Insurance Laws.

Effective: September 4, 2014|Latest Legislation:  Senate Bill 140 - 130th General Assembly|(A) Sections 3913.11 to 3913.13 and 3913.20 to 3913.23 of the Revised Code shall apply to a mutual insurance holding company as if the mutual insurance holding company were a domestic mutual insurance company. The members of the mutual insurance holding company are deemed to be members of a domestic mutual insurance company for all purposes of such sections. (B) A reorganization of a domestic mutual life insurance company subject to sections 3913.25 to 3913.38 of the Revised Code is not subject to sections 3901.32 to 3901.323 of the Revised Code.(C) Notwithstanding division (B) of this section, for a period of five years following the effective date of a reorganization under sections 3913.25 to 3913.38 of the Revised Code, no person shall acquire control of a reorganized stock company without compliance with sections 3901.32 to 3901.323 of the Revised Code. For purposes of this division, "control" has the same meaning as in division (B) of section 3901.32 of the Revised Code, except that control is presumed to exist if any person, directly or indirectly, owns, controls, holds with the power to vote, or holds proxies representing five per cent or more of the voting securities of any other person.(D) An intermediate holding company or, if there is no such company, a reorganized stock company shall not issue shares of stock, in addition to the shares issued pursuant to the reorganization plan under which the company was formed, without the prior approval of the mutual insurance holding company as its majority shareholder. The prior approval of the mutual insurance holding company must be evidenced by a resolution of the board of directors of the mutual insurance holding company delivered to the board of directors of the intermediate holding company or the reorganized stock company prior to the issuance of the additional shares.(E) A mutual insurance holding company, and an intermediate holding company, if any, are deemed to be insurers subject to sections 3901.07, 3901.071, and 3901.48 of the Revised Code.
Ohio Rev Code § 3913.35 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.35 | Reorganization, Dissolution, Liquidation.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|(A) A mutual insurance holding company, and, if applicable, its intermediate holding company, are deemed to be insurers subject to sections 3903.01 to 3903.76 of the Revised Code. A mutual insurance holding company and the intermediate holding company accordingly are deemed to be parties to any proceeding under sections 3903.01 to 3903.76 of the Revised Code involving an insurance company that is a subsidiary of the mutual insurance holding company or of the intermediate holding company as a result of a reorganization under sections 3913.25 to 3913.38 of the Revised Code.(B) In any proceeding under sections 3903.01 to 3903.76 of the Revised Code involving a reorganized stock company, the assets of the mutual insurance holding company, and, if applicable, its intermediate holding company, are deemed to be assets of the reorganized stock company for purposes of satisfying claims of the policyholders of the reorganized stock company.(C) A mutual insurance holding company, and, if applicable, its intermediate holding company, shall not be dissolved or liquidated without compliance with the provisions of Chapter 3903. of the Revised Code. such companies are deemed to be domestic insurance companies for purposes of a dissolution or liquidation under Chapter 3903. of the Revised Code.
Ohio Rev Code § 3913.36 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.36 | Time Limit for Challenges.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|Any action challenging the validity of, or arising out of, actions taken or proposed to be taken in connection with a reorganization under sections 3913.25 to 3913.38 of the Revised Code shall be commenced no later than thirty days after the effective date of the reorganization.
Ohio Rev Code § 3913.37 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.37 | Rules.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|The superintendent of insurance may adopt rules in accordance with Chapter 119. of the Revised Code to carry out the purposes of sections 3913.25 to 3913.38 of the Revised Code.
Ohio Rev Code § 3913.38 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3913 | Changes in Corporate Organization or Status|Section 3913.38 | Attorney General May Review Transactions Involving Nonprofit Health Care Entities.

Effective: September 16, 1997|Latest Legislation:  House Bill 370 - 122nd General Assembly|The attorney general may, under authority granted under common law and sections 109.23, 109.24, 109.34, and 109.35 of the Revised Code, review any transaction, as defined in section 109.34 of the Revised Code, involving nonprofit health care entities. Nothing in section 3901.043 or sections 3913.25 to 3913.37 of the Revised Code shall be construed to limit the independent authority of the attorney general to protect and preserve charitable assets and charitable trusts of such entities. In addition, nothing in this section shall be construed to limit or expand any other common law or statutory authority of the attorney general.
Ohio Rev Code § 3915.01 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3915 | Life Insurance Policy Provisions|Section 3915.01 | Company Defined.

Effective: October 23, 1991|Latest Legislation:  House Bill 16 - 119th General Assembly|As used in this chapter, "company" includes corporations and associations.