Ohio Code § 3906.10
Ohio Code § 3906.10. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3906.10.
(A) An insurer investing under this chapter shall not invest in investments that are
prohibited for an insurer by statute or rules of this state. (B) An insurer investing under this chapter shall not invest in a partnership as a general
partner. (C) The superintendent shall set a reasonable amount of time, not to exceed five years,
for disposal of a prohibited investment in hardship cases if the insurer demonstrates
that the investment was legal when made or the result of a mistake made in good faith,
or if the superintendent determines that the sale of the asset would be contrary to
the interests of insureds, creditors, or the general public. (D) Violation of division (A) of this section may be grounds for regulatory action pursuant
to divisions (A) and (I) of section 3903.12 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3906.10
- 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 § 3906.10?
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 § 3906.10 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 § 3906.10 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Statutes are amended, repealed, and renumbered every session.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.