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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.

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Section 3915.05 | Policy provisions to be included.

...per assignment of the policy and on the sole security thereof, at a rate of interest calculated pursuant to section 3915.051 of the Revised Code, a sum equal to, or at the option of the owner of the policy, less than, the amount required by section 3915.08 of the Revised Code under the conditions specified in said section, and that the company will deduct from such loan value any indebtedness not already deducted in ...

Section 3915.051 | Policy loan interest rates.

...shall terminate in a policy year as the sole result of a change in the interest rate during that policy year, and the life insurer shall maintain coverage during that policy year until the time at which it would otherwise have terminated if there had been no change during that policy year. (H) The substance of the pertinent provisions of divisions (B) and (D) of this section shall be set forth in the policies to whi...

Section 3915.073 | Standard nonforfeiture law for individual deferred annuities.

...an employer, including a partnership or sole proprietorship, or by an employee organization, or by both, other than a plan providing individual retirement accounts or individual retirement annuities under section 408 of the Internal Revenue Code of 1954, 26 U.S.C.A. 408, as amended, premium deposit fund, variable annuity, investment annuity, immediate annuity, any deferred annuity contract after annuity payments have...

Section 3915.22 | Application of chapter.

...t provides accelerated benefits for the sole purpose of providing directly or supplementing long-term care insurance as defined in section 3923.41 of the Revised Code.

Section 3916.01 | Viatical settlements model act definitions.

... provider or a financing entity for the sole purpose of holding ownership or beneficial interest in purchased policies in connection with a financing transaction, provided that the trust has a written agreement with the licensed viatical settlement provider under which the licensed viatical settlement provider is responsible for ensuring compliance with all statutory and regulatory requirements and under which the tr...

Section 3916.11 | Records - examinations.

...uperintendent, in the superintendent's sole discretion, considers appropriate. (C)(1) Examination reports shall be comprised of only facts appearing upon the books, records, or other documents of the licensee, its agents, or other persons examined, or as ascertained from the testimony of its officers, agents, or other persons examined concerning its affairs, and the conclusions and recommendations that the examine...

Section 3916.16 | Conditions permitting entering into viatical settlement contract within two-year period commencing with date of issuance of insurance policy or certificate.

... part of the viator's assets. (g) The sole beneficiary of the policy is a family member of the viator and the beneficiary dies. (4) The viator enters into a viatical settlement contract more than two years after the date of issuance of a policy and certifies that all of the following are true: (a) The viator has funded the policy using personal assets, which may include an interest in the life insurance policy ...

Section 3919.04 | Reserves are a distinct fund.

...mulated, 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 no...

Section 3922.14 | Additional actions for accreditation.

...elated to conflicts of interest are the sole discretion of the superintendent of insurance. (D)(1) An independent review organization that is accredited by a nationally recognized private accrediting entity that has independent review accreditation standards that the superintendent has determined are equivalent to or exceed the minimum qualifications of this section shall be presumed in compliance with this section...

Section 3923.121 | Association of insurers to provide basic medical coverage to persons 65 or older.

... association of insurers formed for the sole purpose of enabling cooperative action to provide sickness and accident insurance in accordance with this section. (2) "Insurer" means any insurance company authorized to do the business of sickness and accident insurance in this state. (3) "Insured" means a person covered under a group policy issued pursuant to this section. (B) Any insurer may join with one or more ot...

Section 3923.123 | Association of insurers to provide group health coverage to qualified unemployed persons.

... association of insurers formed for the sole purpose of enabling cooperative action to provide health coverage in accordance with this section. (2) "Insurer" includes any insurance company authorized to do the business of sickness and accident insurance in this state and any health insuring corporation holding a certificate of authority under Chapter 1751. of the Revised Code. (3) "Insured" means a person covered u...

Section 3923.36 | Excluding coverage of illness or injury covered by workers' compensation.

...iber under workers' compensation as the sole proprietor of a business, a member of a partnership, or an officer of a family farm corporation.

Section 3923.51 | Group contracts of sickness and accident insurance persons under nineteen who are members of impoverished families.

....S.C.A. 1, as amended, and that has the sole purpose of issuing certificates of coverage under these contracts to persons under the age of nineteen who are members of families that have incomes that are no greater than three hundred per cent of the official poverty line. (C) Contracts offered pursuant to division (B) of this section are not subject to any of the following: (1) Sections 3923.24, 3923.28, 3923.281,...

Section 3929.14 | Sufficiency of bonds executed by guaranty company.

...ecution or the guaranteeing thereof, as sole surety, is sufficient if done by a company authorized to guarantee the fidelity of persons holding places of public or private trust, to guarantee the performance of contracts other than insurance policies, and to execute and guarantee bonds and undertakings in actions or proceedings or allowed by law. When a bond, recognizance, or undertaking is so executed and guaranteed...

Section 3929.661 | Option of being liable as a co-insurer.

... liability underwriting association has sole authority to settle any claim subject to the co-insurance option without the consent of the insured. The plan of operation shall set forth the terms and conditions of the optional co-insurance coverage.

Section 3956.09 | Member assessments.

...standard considered by the board in its sole discretion as being fair and reasonable under the circumstances. (2)(a) The amount of the class B assessments for long-term care insurance written by the impaired or insolvent insurer shall be allocated according to a methodology included in the plan of operation and approved by the superintendent of insurance. (b) The methodology shall provide for fifty per cent of t...

Section 3956.11 | Duties and powers of superintendent - appeals - notification of chapter provisions.

...he Revised Code, the superintendent has sole authority to select and hire legal counsel to represent the superintendent in the superintendent's role as rehabilitator or liquidator of an impaired or insolvent insurer.

Section 3960.01 | Risk retention definitions.

...xclude any person from membership in it solely to provide for members of the group a competitive advantage over the person; (5) Either of the following applies to it: (a) It has as its owners only persons who comprise the membership of the risk retention group and who are provided insurance by the group; (b) It has as its sole owner an organization which has as its members, only persons who comprise the membership...

Section 3964.02 | Authorized lines of insurance.

...uperintendent, at the superintendent's sole discretion, permits. (B) A captive insurance company may purchase reinsurance coverage for any risk that a captive insurance company is permitted to write directly. (C)(1) A captive insurance company shall not issue, offer, or present insurance policies or certificates, evidence of coverage, or any other similar documentation, to any person other than its parent or ...

Section 3964.03 | Organization.

...rintendent may, at the superintendent's sole discretion, share documents required under this section with the chief deputy rehabilitator, the chief deputy liquidator, other deputy rehabilitators and liquidators, and any other person employed by, or acting on behalf of the superintendent pursuant to Chapter 3901. or 3903. of the Revised Code, with other local, state, federal, and international regulatory and law enfor...

Section 3964.05 | Capital requirements.

...uperintendent, in the superintendent's sole discretion.

Section 3964.08 | Examination, evaluation, and monitoring.

...rintendent may, in the superintendent's sole discretion, share documents that are the subject of this section with the chief deputy rehabilitator, the chief deputy liquidator, other deputy rehabilitators and liquidators, and any other person employed by, or acting on behalf of, the superintendent pursuant to Chapter 3901. or 3903. of the Revised Code, with other local, state, federal, and international regulato...

Section 3964.193 | Confidentiality of information.

...rintendent may, at the superintendent's sole discretion, share documents that are the subject of this section with the chief deputy rehabilitator, the chief deputy liquidator, other deputy rehabilitators and liquidators, and any other person employed by, or acting on behalf of, the superintendent pursuant to Chapter 3901. or 3903. of the Revised Code, with other local, state, federal, and international regulato...

Section 4104.33 | Historical boilers licensing board.

...hairperson at the first meeting for the sole purpose of electing a chairperson. The superintendent of industrial compliance shall furnish office space, staff, and supplies to the board as the superintendent determines are necessary for the board to carry out its official duties under sections 4104.33 to 4104.37 of the Revised Code.

Section 4112.08 | Liberal construction.

...g to employment in this chapter are the sole and exclusive procedures and remedies available to a person who alleges such discrimination actionable under this chapter.