Ohio Code § 3903.87
Ohio Code § 3903.87. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3903.87.
(A) An insurer has the right to a hearing upon receiving any of the following from the
superintendent of insurance: (1) An adjusted RBC report; (2) Notification that the insurer's RBC plan or revised RBC plan is unsatisfactory and
a statement that the notification constitutes a regulatory action level event for
the insurer; (3) Notification that the superintendent has determined that the insurer has failed to
adhere to its RBC plan or revised RBC plan, which failure has a substantial adverse
effect on the ability of the insurer to eliminate the conditions leading to a company
action level event in accordance with its RBC plan or revised RBC plan; (4) A corrective order issued under division (B)(3) of section 3903.84 of the Revised Code . (B) An insurer shall notify the superintendent of its request for a hearing within five
days after its receipt of any item listed in division (A) of this section. Upon the superintendent's receipt of the insurer's request for a hearing, the superintendent
shall set a date for the hearing, which date shall be no less than ten days and no
more than thirty days after the superintendent's receipt of the insurer's request. (C) An insurer may challenge any determination or action taken by the superintendent
under sections 3903.81 to 3903.93 of the Revised Code at the hearing held pursuant to this section. The hearing shall not be a public hearing, unless the insurer requests a public
hearing.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3903.87
- 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 § 3903.87?
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 § 3903.87 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 § 3903.87 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.