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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3905.64 | Notice to prospective insured by controlling producer.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3905 Insurance Producers Licensing Act
 
Effective:
October 7, 1991
Latest Legislation:
Senate Bill 137 - 119th General Assembly
PDF:
Download Authenticated PDF
 

Each controlling producer, prior to the effective date of an insurance policy, shall deliver a written notice to the prospective insured that fully and completely discloses the controlling relationship between the producer and the controlled insurer. If the business is placed through a subproducer that is not in control of the insurer, the subproducer shall provide to the producer a signed statement that the subproducer is aware of the controlling relationship between the insurer and the producer and that the subproducer has disclosed or will disclose that relationship to the insured. The producer shall retain the statement in his records.

Available Versions of this Section