Ohio Code § 3901.72
Ohio Code § 3901.72. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3901.72.
Any person may advance to a domestic insurance company or a health insuring corporation
any sum of money necessary for the purpose of the insurance company's or health insuring
corporation's business, or to enable the insurance company or health insuring corporation
to comply with any law, or as a cash guarantee fund. Such money, and interest agreed upon, shall not be a liability or claim against
the insurance company or health insuring corporation, or any of its assets, except
as provided in this section, and shall be repaid only out of the surplus earnings
of such insurance company or health insuring corporation. Except as ordered by the superintendent of insurance, no part of the principal or
interest thereof shall be repaid until the surplus of the insurance company or health
insuring corporation remaining after such repayment is equal in amount to the principal
of the money so advanced. Such advancement and repayment shall be subject to the approval of the superintendent,
provided that this section shall not affect the power to borrow money which any such
insurance company or health insuring corporation possesses under other laws. No commission or promotion expenses shall be paid by the insurance company or health
insuring corporation, in connection with the advance of any such money to the insurance
company or health insuring corporation, and the amount of any such unpaid advance
shall be reported in each annual statement.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3901.72
- 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 § 3901.72?
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 § 3901.72 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 § 3901.72 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.