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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 3916.173 | Trusts to give appearance of insurable interest illegal.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3916 Viatical Settlements Model Act
 
Effective:
September 11, 2008
Latest Legislation:
House Bill 404 - 127th General Assembly
PDF:
Download Authenticated PDF
 

Trusts or other persons that are created to give the appearance of insurable interest and are used to initiate one or more policies for investors violate insurable interest laws and the prohibition against wagering on life.

Available Versions of this Section