Ohio Code § 3916.08
Ohio Code § 3916.08. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3916.08.
Each viatical settlement contract entered into in this state shall provide the viator
with an unconditional right to rescind the contract for at least fifteen calendar
days after the receipt of the viatical settlement proceeds. If the insured dies during the rescission period, the viatical settlement contract
is deemed to have been rescinded, subject to repayment of all viatical settlement
proceeds to the viatical settlement provider. If a viatical settlement contract is rescinded by the viator pursuant to this section,
ownership of the insurance policy or certificate reverts to the viator or to the viator's
estate if the viator is deceased, irrespective of any transfer of ownership of the
policy or certificate by the viator, viatical settlement provider, or any other person.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3916.08
- 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 § 3916.08?
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 § 3916.08 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 § 3916.08 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Statutes are amended, repealed, and renumbered every session.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.