Ohio Code § 3903.52
Ohio Code § 3903.52. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3903.52.
(A) The domiciliary liquidator of an insurer domiciled in a reciprocal state shall, except
as to special deposits and security on secured claims under division (C) of section 3903.53 of the Revised Code , be vested by operation of law with the title to all of the assets, property, contracts,
and rights of action, agents' balances, and all of the books, accounts, and other
records of the insurer located in this state. The date of vesting shall be the date of the filing of the complaint or petition,
if that date is specified by the domiciliary law for the vesting of property in the
domiciliary state. Otherwise, the date of vesting shall be the date of entry of the order directing
possession to be taken. The domiciliary liquidator shall have the immediate right to recover balances due
from agents and to obtain possession of the books, accounts, and other records of
the insurer located in this state. The domiciliary liquidator also shall have the right to recover all other assets of
the insurer located in this state, subject to section 3903.53 of the Revised Code . (B) If a domiciliary liquidator is appointed for an insurer not domiciled in a reciprocal
state, the superintendent of insurance shall be vested by operation of law with the
title to all of the property, contracts, and rights of action, and all of the books,
accounts, and other records of the insurer located in this state, at the same time
that the domiciliary liquidator is vested with title in the domicile. The superintendent may file a complaint for a conservation or liquidation order
under section 3903.50 or 3903.51 of the Revised Code , or for an ancillary receivership under section 3903.53 of the Revised Code , or after approval by the court may transfer title to the domiciliary liquidator,
as the interests of justice and the equitable distribution of the assets require. (C) Claimants residing in this state may file claims with the liquidator or ancillary
receiver, if any, in this state or with the domiciliary liquidator, if the domiciliary
law permits. The claims must be filed on or before the last date fixed for the filing of claims
in the domiciliary liquidation proceedings.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3903.52
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Common questions
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