Ohio Code § 3901.10
Ohio Code § 3901.10. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3901.10.
If it appears to the superintendent of insurance upon satisfactory evidence that the
assets of an insurance company, organized under the laws of this state, after deducting
therefrom all liabilities including reinsurance, reserve, or unearned premium fund,
computed according to the laws of this state, are reduced below the capital required
by law for a stock company or the surplus required for any other company, he shall
require such company to restore such deficiency within a period designated by him
of not less than thirty days nor more than ninety days. He may prohibit such company from issuing any new policies or transacting any new
business until it has furnished evidence satisfactory to him that such deficiency
has been restored, or until so authorized by a court in a proper proceeding therein. If the superintendent prohibits such company from issuing any new policies or transacting
any new business, all licensed agents and solicitors of such company shall be notified
of such prohibition in such manner as the superintendent shall direct. Thereafter, no such agent or solicitor shall procure applications for insurance
or issue policies for such company until authorized by the superintendent or by a
court.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3901.10
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 3901.10?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 3901.10 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 3901.10 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.