Section 3999.38 | Prohibiting payment of dividend when insurer is impaired.
Effective:
August 8, 1991
Latest Legislation:
Senate Bill 137 - 119th General Assembly
No insurer shall knowingly declare or pay any dividend whenever the insurer is impaired. For purposes of this section, "insurer" also includes any person doing the business of insurance in this state.
Available Versions of this Section
- August 8, 1991 – Senate Bill 137 - 119th General Assembly [ View August 8, 1991 Version ]