Ohio Code § 1739.13

Ohio Code § 1739.13. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1739.13.

(A) A multiple employer welfare arrangement operating a group self-insurance program

shall maintain a minimum surplus of not less than five hundred thousand dollars or

such higher amounts of surplus as the superintendent of insurance may establish by

rule for the protection of the members and their employees. (B) Except as otherwise provided for in sections 1739.01 to 1739.21 of the Revised Code , the assets of a multiple employer welfare arrangement operating a group self-insurance

program shall be invested only in securities or other investments permitted by the

laws of this state for the investment of assets of domestic insurance companies other

than life. (C) A multiple employer welfare arrangement operating a group self-insurance program

shall maintain assets in cash, receivables, or securities authorized by the laws of

this state for the investment of assets of domestic insurance companies other than

life in an amount that is equivalent to or higher than the unearned premiums and minimum

surplus required under sections 1739.01 to 1739.22 of the Revised Code , the reserves for losses outstanding and unpaid, and any other liabilities of the

arrangement.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 1739.13
  • 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 § 1739.13?

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 § 1739.13 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 § 1739.13 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Statutes are amended, repealed, and renumbered every session.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.