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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 3905.35 | Bond.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3905 Insurance Producers Licensing Act
 
Effective:
May 26, 2010
Latest Legislation:
House Bill 300 - 128th General Assembly
PDF:
Download Authenticated PDF
 

Before an applicant receives a resident license under section 3905.30 of the Revised Code, the person named in the license shall execute and deliver to the superintendent of insurance a bond in the sum of twenty-five thousand dollars, payable to the state and conditioned that the person will faithfully comply with sections 3905.30 to 3905.35 of the Revised Code. The bond required by this section shall be issued by an insurance company authorized to transact surety business in this state, be on a form prescribed by the superintendent, and be deposited with the superintendent and kept in the superintendent's office.

Available Versions of this Section