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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 3929.59 | Distribution of premiums collected.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3929 Domestic And Foreign Insurance Companies Other Than Life
 
Effective:
April 27, 2005
Latest Legislation:
House Bill 425 - 125th General Assembly
PDF:
Download Authenticated PDF
 

Thirty per cent of all mine subsidence insurance premiums collected by each insurer for policies delivered, issued for delivery, or renewed in a county designated for optional coverage in accordance with division (A)(2) of section 3929.56 of the Revised Code, excluding premiums collected under such policies for mine subsidence insurance coverage which is not reinsured by the mine subsidence insurance underwriting association, shall be retained by the insurer as a ceding commission. The remainder of such premiums shall be remitted by the insurer to the mine subsidence insurance underwriting association.

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