reglab/housing_qa huggingface dataset:
Ohio Rev Code § 3919.03 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.03 | Additional Contributions.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Under any contract providing, in addition to the regular contributions, for the payment currently of additional contributions to the extent needed to pay its share of claims and expenses and to maintain the tabular reserves required by sections 3919.02 to 3939.10, inclusive, of the Revised Code, or requiring any such additional amount to be charged as an indebtedness not exceeding the tabular reserves on the contract, and providing for terminating the contract whenever such charges equal the tabular reserves, no liability shall be charged in any valuation for any deficiency in future contributions so long as such payments are actually collected or such charges are actually made.If any contracts are issued on or after January 1, 1926, which do not contain the provisions described in this section and section 3919.02 of the Revised Code, the association issuing them shall maintain as to such contracts the reserve required by sections 3907.18 and 3907.19 of the Revised Code.
Ohio Rev Code § 3919.04 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.04 | Reserves Are a Distinct Fund.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|The assets representing the reserves on all contracts issued on an after January 1, 1926, and on such other contracts as the association organized under section 3919.01 of the Revised Code designates upon which a reserve at least equal to the minimum reserve prescribed in section 3919.02 of the Revised Code has been accumulated, shall be held separate for the sole use and benefit of such contracts and the insured and beneficiaries thereunder, and no other contracts, insured, beneficiaries, or claimants shall have or acquire any right or interest therein. Provision shall be made for requiring during each calendar year, from such contracts as are not included under this paragraph, contributions which, together with available assets not so held separate, are sufficient to provide for the shares of claims, expenses, and other current liabilities to be borne by such contracts as are not included under this section; provided that no such separation is required whenever reserves on all outstanding contracts are maintained in accordance with sections 3919.02 to 3919.10, inclusive, of the Revised Code.Such association may accumulate, maintain, and distribute a surplus above such reserves and shall do so as the laws of the association provide in conformity with such sections. This section does not give to any individual contract, insured, or beneficiary any right or claim to any reserves or surplus, or to any part thereof, other than in the manner and to the extent provided in the contract or laws of the association; nor does it make any such reserves, except the reserves required by sections 3919.02 to 3919.10, inclusive, of the Revised Code, a liability in determining the solvency of the association.
Ohio Rev Code § 3919.05 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.05 | Mortality Experience or Table.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Unless an association transacting business under sections 3919.02 to 3919.10, inclusive, of the Revised Code, provides otherwise, the actual mortality experience on all outstanding contracts shall be determined and distributed between all such contracts in proportion to the cost of insurance on the basis provided in section 3919.02 of the Revised Code, or such other mortality table approximating the experience of the association as it may provide.
Ohio Rev Code § 3919.06 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.06 | Provisions for Disability Benefits.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Every association may include in contracts issued under sections 3919.02 to 3919.10, inclusive, of the Revised Code, provisions for total and permanent disability benefits, accidental death benefits, annuities, and the payment of the benefits in installments. Separate contracts may also be issued paying for total or partial disability from sickness or accident, dismemberment, and accidental death benefits; provided that the association shall maintain for all such benefits any additional reserves required upon similar benefits by the law relating to insurance companies, which additional reserves are subject to section 3919.04 of the Revised Code, concerning segregation of reserves.
Ohio Rev Code § 3919.07 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.07 | Provisions for Cash Surrender and Loan Values.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|An association organized under section 3919.01 of the Revised Code may provide in its contracts for stipulated premiums, death benefits, cash surrender values, and loan values, to an amount not exceeding the reserve, or it may provide for the equivalent paid-up or extended term insurance based upon a rate of mortality not lower than, and a rate of interest not higher than, that used in determining the reserve provided in sections 3919.02 to 3919.10, inclusive, of the Revised Code. Whenever the assets held separately for contracts issued on and after January 1, 1926, and for such other contracts designated as provided in such sections, exceed the reserves thereon by not less than five per cent of such reserves, any excess assets derived from mortality savings and investment gains and other sources may be apportioned, distributed, and used as provided by the association.
Ohio Rev Code § 3919.08 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.08 | Report on Outstanding Contracts.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|In addition to the annual report required by law, every association organized under section 3919.01 of the Revised Code shall report annually to the superintendent of insurance, on or before the first day of March, the valuation of outstanding contracts issued on and after January 1, 1926, or designated as provided in sections 3919.02 to 3919.10, inclusive, of the Revised Code, and in force on the thirty-first day of December of the preceding year. The report shall contain a statement of the rate of earnings of the mean invested assets, the interest earnings at such rate on the segregated portion of the assets, the interest required to maintain the reserves, the expected or tabular mortality, the actual mortality experienced, and the amount of reserve released by death and lapse, each stated separately. Such report shall be certified by an actuary whose practices an an actuary covers ten years or more. Such valuation shall be reported in the manner prescribed by the superintendent, and such other reports shall be made and such information furnished as the superintendent requires.
Ohio Rev Code § 3919.09 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.09 | Associations Exempted.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|All fraternal benefit societies and associations, including those engaged in writing insurance covering a single hazard, and not operated or conducted for profit, and all associations, lodges, orders, or societies which do not issue insurance certificates, are exempt from sections 3919.021 to 3919.10, inclusive, of the Revised Code.
Ohio Rev Code § 3919.10 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.10 | Foreign Companies and Associations.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Any foreign company or association complying with sections 3919.02 to 3919.10, inclusive, of the Revised Code, may do business within this state, provided it can show a percentage of solvency of not less than one hundred five per cent, as provided in such sections, on all business in force on the thirty-first day of December of the year preceding the date of application to do business within this state.
Ohio Rev Code § 3919.11 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.11 | Bylaws.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Associations organized under section 3919.01 of the Revised Code may provide in their bylaws that there shall be not less than five nor more than fifteen trustees, whose term of office shall be not more than three years. If the term is made more than one year, the bylaws may provide for electing at the first election a part of them for one year, a part for two years, and a part for three years, and thereafter elections shall be for a term of three years. Such associations by their regulations or bylaws may provide for:(A) The time, place, and manner of calling and conducting their meetings;(B) The number of members constituting a quorum;(C) The time of the annual election for trustees and the mode and manner of giving notice thereof;(D) The duties and compensation of officers;(E) The manner of election or appointment and the tenure of office of all officers.The tenure of the trustees shall not be for more than three years, one third of whom may be elected annually.This section does not affect or impair the powers or franchises of corporations, companies, or associations organized prior to March 31, 1891. Such companies or associations may avail themselves of sections 3919.01, 3919.11, and 3919.12 of the Revised Code by amendment of their articles of incorporation.
Ohio Rev Code § 3919.12 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.12 | Amendment to Constitution or Bylaws.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|An association organized under section 3919.01 of the Revised Code may change or amend its constitution or bylaws by the assent thereto in writing of a majority of the members, or by a majority of those members present, in person or by proxy, at a meeting held for that purpose, thirty days' notice of such meeting, including the proposed changes in full, having been given by the acting president personally or by letter mailed to each member. Such change shall not take effect until it has been submitted to and approved by the superintendent of insurance. Any such association which, while issuing policies or certificates, advertises or gives out that it is maintaining a reserve greater than that required for yearly renewable term policies shall continue to maintain such reserve against said policies or certificates while they are in force, and no amendment to its constitution and bylaws decreasing said reserve on the policies or certificates shall be approved by the superintendent.
Ohio Rev Code § 3919.14 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.14 | Separate Annual Statements.

Effective: January 1, 2021|Latest Legislation:  House Bill 339 - 133rd General Assembly|A company or association organized under section 3919.01 of the Revised Code amending its articles of incorporation and its constitution and bylaws is subject to sections 3919.11 and 3919.12 of the Revised Code as to its organization and government, and it shall make separate annual statements to the superintendent of insurance of the business transacted by it under the assessment plan, as required by section 3919.16 of the Revised Code, and of the business transacted by it under the level premium or legal reserve plan, as required by section 3907.19 of the Revised Code.
Ohio Rev Code § 3919.15 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.15 | Prohibition Against Assessment Plan Companies.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|No company or association transacting the business of life insurance on the assessment plan, other than fraternal beneficiary associations, shall do business within this state, except those companies which, as of August 9, 1913, are authorized to do business within this state and which value their assessment policies or certificates of membership as yearly renewable term policies, according to the standard of valuation of life insurance policies prescribed by the laws of this state.
Ohio Rev Code § 3919.17 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.17 | Failure to File a Statement.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Any corporation, company, or association which fails or refuses to file a statement or report as required by section 3919.16 of the Revised Code, or whose treasurer fails to file a bond as required by law, shall forfeit its right to do business, which forfeiture the superintendent of insurance shall enforce by proceedings in quo warranto. The attorney general shall institute such proceedings, upon the request of the superintendent, in writing.
Ohio Rev Code § 3919.18 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.18 | Compliance With Requirements of Mutual Life Companies.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|No corporation, company, or association organized under section 3919.01 of the Revised Code issuing endowments, certificates, or policies, or undertaking or promising to pay to members during life any sum of money, or thing of value, or certificate, or policy guaranteeing any fixed amount to be paid at death, except such fixed amounts or endowments which are conditioned upon their being realized from the assessments made on members to meet them, shall do business in this state until it complies with the laws regulating regular mutual life insurance companies.
Ohio Rev Code § 3919.19 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.19 | Examination by Superintendent.

Effective: August 8, 1991|Latest Legislation:  Senate Bill 137 - 119th General Assembly|Each corporation, company, or association organized under section 3919.01 of the Revised Code and each applicant for a certificate of authority under this chapter shall be subject to examination by the superintendent of insurance in accordance with section 3901.07 of the Revised Code. Section 3901.07 of the Revised Code shall govern every aspect of the examination, including the circumstances under and frequency with which it is conducted, the authority of the superintendent and any examiner or other person appointed by the superintendent, the liability for the assessment of expenses incurred in conducting the examination, and the remittance of the assessment to the superintendent's examination fund.
Ohio Rev Code § 3919.21 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.21 | Admission of Foreign Insurance Companies.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Any corporation, company, or association organized under the laws of any other state to transact the business of life or accident or life and accident insurance on the assessment plan, as a condition precedent to transacting business in this state, shall deposit with the superintendent of insurance the following:(A) A certified copy of its charter or articles of incorporation;(B) A certificate from the insurance commissioner or superintendent of its own state, showing its authority to do such business;(C) A certificate from the commissioner, superintendent, or other like authority of its own state, stating that corporations, companies, or associations of this state engaged in life or accident insurance on the assessment plan, upon complying with the laws of such state, are entitled to do business therein;(D) A statement under the oath of its president and its secretary or like officers, in the form required by the superintendent, of its business for the preceding year;(E) A certificate under the oath of its president and secretary, or like officers, that such corporation, company, or association is paying, and for the twelve months next preceding has paid, the maximum amount named in its policies or certificates;(F) A copy of its policy or certificate, application, and bylaws, which must show that the liabilities of the assured or members are not limited to fixed or artificial premiums;(G) Evidence satisfactory to such superintendent that the corporation, company, or association has accumulated and maintained a fund securely invested in securities permitted by the law of its incorporation, not less in amount than the proceeds of one of its periodical payments or an assessment on all its certificates or policyholders, and that such fund is held solely for the benefit of certificate holders or policyholders and can only be used for the purposes provided in the laws of the state where incorporated; except that such fund, in the case of accident companies or accident associations, shall not be less than five thousand and need not be more than ten thousand dollars;(H) Evidence that such corporation, company, or association, unless it is an accident insurance corporation, company, or association, does not issue certificates or policies upon the life of any person more than sixty-five years of age, or upon any life in which the beneficiary named has not a legal insurable interest.No license to do business in this state shall be delivered to any such corporation, company, or association until it has filed with the superintendent an appointment of an attorney within this state upon whom service of process may be had.
Ohio Rev Code § 3919.22 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.22 | Certificate of Authority.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Upon the compliance of any foreign corporation, company, or association with section 3919.21 of the Revised Code, the superintendent of insurance shall issue to such corporation, company, or association a certificate of authority to transact its business in this state, which certificate shall be renewed annually, but he shall refuse such certificate to any such corporation, company, or association when in his judgment a refusal will best promote the public interest. All decisions made by him are subject to review by courts of competent jurisdiction.
Ohio Rev Code § 3919.23 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.23 | Revocation of Authority.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|The certificate of authority issued under section 3919.22 of the Revised Code shall be revoked whenever the superintendent of insurance on investigation or examination finds that such corporation, company, or association is not paying the maximum amount named in its policies or certificates in full, that such corporation, company, or association is transacting business fraudulently or illegally, or that the statement of its condition and affairs required by section 3919.25 of the Revised Code is false and fraudulent. The superintendent may also revoke such certificate of authority for failure to file the annual statement, or when upon investigation it appears that the expense of management of such company or association, for the year preceding the year in which such investigation is made, was more than thirty per cent of its income from premiums, assessments, and membership fees. Upon such revocation, the superintendent shall cause notice thereof to be published for four weeks in some newspaper published in the county of Franklin, and no new insurance shall thereafter be written by such corporation, company, or association, or any of its agents, in this state.
Ohio Rev Code § 3919.24 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.24 | Prohibition Against Agents of Foreign Companies.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|No agent of any corporation, company, or association described in section 3919.21 of the Revised Code shall transact business in this state without being first regularly appointed by such organization and without being licensed by a certificate of authority issued by the superintendent of insurance.
Ohio Rev Code § 3919.25 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.25 | Annual Statement by Foreign Company.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|Each corporation, company, or association described in section 3919.21 of the Revised Code annually after its admittance to transact business in this state, on or before the first day of March, shall make and file in the office of the superintendent of insurance a statement, in the form required by the superintendent, of its business for the twelve months next preceding the thirty-first day of December of the preceding year.
Ohio Rev Code § 3919.26 (2021)
2021 Ohio Revised Code|Title 39 | Insurance|Chapter 3919 | Mutual Protective Insurance Upon Persons|Section 3919.26 | Fees - Exceptions.

Effective: October 1, 1953|Latest Legislation:  House Bill 1 - 100th General Assembly|The fees to be paid by each corporation, company, or association described in section 3919.21 of the Revised Code to the superintendent of insurance, for the authority granted by him to it and its agents under the license to transact business in this state, shall be as follows:(A) For filing a copy of the charter or articles of incorporation, twenty-five dollars;(B) For filing each annual statement, twenty dollars;(C) For issuing a certificate of authority or license to the company or association, one dollar;(D) For issuing a license to each agent, one dollar;(E) For affixing a seal and certifying any paper, one dollar.Any company or association may pay to the superintendent the sum of twenty-five dollar for licenses issued to its agents for the year, and by so doing is entitled without further charge to licenses for as many agents as it may choose to appoint for that year. When any other state or country imposes any obligations in excess of those imposed by sections 3919.01 to 3919.41, inclusive, of the Revised Code, upon any such corporation of this state, a like obligation shall be imposed on similar corporations, and their agents, of such state or country doing business in this state.