Ohio Code § 3901.078
Ohio Code § 3901.078. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3901.078.
(A) If the superintendent finds, after notice and an opportunity for a hearing conducted
in accordance with Chapter 119. of the Revised Code, that an insurer has failed to
file a corporate governance annual disclosure as required by division (A) of section 3901.073 of the Revised Code , the superintendent shall assess a civil penalty against the insurer. (1) The amount of the civil penalty imposed by division (A) of this section shall be
one hundred dollars for each day the CGAD is past due, provided that the total penalty
shall not exceed the sum of ten thousand dollars. (2) All sums collected from such penalties shall be deposited in the general revenue
fund. (B) The superintendent may reduce the amount of the civil penalty if the insurer demonstrates
to the superintendent that the imposition of the penalty would constitute a financial
hardship to the insurer.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3901.078
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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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 § 3901.078?
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 § 3901.078 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 § 3901.078 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Statutes are amended, repealed, and renumbered every session.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.
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