Ohio Code § 3905.41

§ 3905.41.

The superintendent of insurance may open an account in the name of each insurance

company authorized to do business in this state and in the name of any authorized

insurance agent, and charge the accounts with all fees incurred by such companies

or agents in accordance with sections 3905.20 , 3905.40 , 3919.26 , and 3931.03 of the Revised Code , and other statutes imposing fees.  The statutory fee for each service requested shall be charged against the proper

account immediately upon the rendition of the service. Not later than the tenth day of each calendar month the superintendent shall render

an itemized statement to each company or agent whose account has been charged during

the month next preceding, showing the amount of all fees charged during that month

and demanding that payment thereof be made not later than the first day of the month

next following. The failure of any insurance company within that time to pay the amount of such fees

in accordance with the monthly statement, or, if the statement or account is found

to be incorrect, in accordance with a corrected monthly statement rendered by the

superintendent, is grounds for the revocation of its certificate of authority to do

business in this state.  In the event of such an order of revocation, the superintendent shall immediately

cause a notice thereof to be published once in at least one newspaper at the seat

of the government and also, if a domestic company, once in at least one newspaper

published in the county where its home office is located, or, if a foreign or alien

company, once in at least one newspaper published in a county of this state where

an agency of the company is located.  After the publication of the notice, no agent of the company shall procure applications

for insurance or issue policies. In the event of the failure of any agent within the time fixed to pay the amount of

fees charged against the agent's account in accordance with the monthly statement

rendered by the superintendent, the agent's license may be revoked in the manner provided

by section 3905.14 of the Revised Code .