Section 3901.16 | Forfeiture.
Effective:
October 1, 1998
Latest Legislation:
House Bill 361 - 122nd General Assembly
Any association, company, or corporation, including a health insuring corporation, which violates any law relating to the superintendent of insurance, any provision of Chapter 1751. or 1753. of the Revised Code, or any insurance law of this state, for the violation of which no forfeiture or penalty is elsewhere provided in the Revised Code, shall forfeit and pay not less than one thousand nor more than ten thousand dollars, to be recovered by an action in the name of the state and on collection to be paid to the superintendent, who shall pay such sum into the state treasury.
Available Versions of this Section
- October 1, 1998 – House Bill 361 - 122nd General Assembly [ View October 1, 1998 Version ]