Section 3901.12 | Interlocking directorate.
Effective:
October 1, 1953
Latest Legislation:
House Bill 1 - 100th General Assembly
Any person otherwise qualified may be a director of two or more insurers which are competitors or which have a common management, but no such interlocking directorate shall be used as a means of substantially lessening competition generally in the business of insurance or of creating a monopoly therein.
Available Versions of this Section
- October 1, 1953 – House Bill 1 - 100th General Assembly [ View October 1, 1953 Version ]