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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 5725.20 | Certification to treasurer of state by superintendent of insurance.

Ohio Revised Code
/
Title 57 Taxation
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Chapter 5725 Financial Institutions; Dealers In Intangibles; Insurance Companies
 
Effective:
July 1, 1985
Latest Legislation:
House Bill 201 - 116th General Assembly
PDF:
Download Authenticated PDF
 

On or before the first Monday of May in each year, the superintendent of insurance shall certify to the treasurer of state the amount of the capital and surplus of each domestic insurance company having capital divided into shares and the surplus of each domestic insurance company not having capital divided into shares, or the amount equal to eight and one-third times the gross amount of premiums received by any such domestic insurance company from policies covering risks within this state during the preceding calendar year after making the deductions prescribed by section 5729.03 of the Revised Code for foreign insurance companies, as reported in the annual statement of the company and approved by the superintendent.

Available Versions of this Section