Ohio Code § 3929.10
Ohio Code § 3929.10. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3929.10.
No company organized under the laws of this state to transact the business of guaranteeing
the fidelity of persons holding places of public or private trust, who are required
to, or in their trust capacity do, receive, hold, control, or disburse public or private
property, and to transact the business of guaranteeing the performance of contracts
other than insurance policies, or of executing or guaranteeing bonds or undertakings
required or permitted in actions or proceedings, or allowed by law, shall commence
business until it has deposited with the superintendent of insurance two hundred thousand
dollars in the securities permitted by sections 3925.05 to 3925.08 of the Revised Code , which shall be held for the benefit and security of all the policyholders of the
company, and shall not be received by him at a rate above their par value.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3929.10
- 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 § 3929.10?
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 § 3929.10 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 § 3929.10 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Statutes are amended, repealed, and renumbered every session.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.