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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 3905.49 | Prohibiting false representation as independent agent.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3905 Insurance Producers Licensing Act
 
Effective:
September 1, 2002
Latest Legislation:
Senate Bill 129 - 124th General Assembly
PDF:
Download Authenticated PDF
 

(A) As used in this section and section 3905.50 of the Revised Code, "independent insurance agent" means an insurance agent who is neither employed nor controlled solely by an insurer, whose agency contract with an insurer provides that upon termination of the contract, the ownership of the property rights of all expiration information vests in the agent or the agent's heirs or assigns, and whose agency contract with an insurer permits the agent to represent concurrently other insurers of the agent's choice.

(B) No agent other than an independent insurance agent shall represent self, or shall be represented, to the public as an independent insurance agent or agency.

Available Versions of this Section