4701-13-05 Firm registration and peer review definitions.

(A) The following words and terms, when used in this chapter, shall have the following meanings:

(B) "Professional liability insurance" means any of the following:

(1) Commercially available professional liability insurance or a professional liability insurance program;

(2) A deposit in trust or in bank escrow of cash, bank certificates of deposit, or United States treasury obligations;

(3) A bank letter of credit or insurance company bond.

(C) "Peer review sponsoring organization" means any organization approved by the board that meets the peer review standards specified in rule 4701-13-06 of the Administrative Code.

Five Year Review (FYR) Dates: 04/09/2015 and 03/31/2019
Promulgated Under: 119.03
Statutory Authority: 4701.04
Rule Amplifies: 4701.04
Prior Effective Dates: 11/5/92, 9/19/94, 8/5/99, 7/31/03