Ohio Code § 3929.11
Ohio Code § 3929.11. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3929.11.
No guaranty company mentioned in section 3929.10 of the Revised Code organized under the laws of another state, territory, district, or country shall
be licensed to transact such business in this state unless at least two hundred thousand
dollars of its assets are invested in the securities permitted by sections 3925.05 to 3925.08 of the Revised Code , or in securities permitted by the laws of the state, district, or territory in which
it is organized, and until such securities are deposited with the superintendent of
insurance in this state, or the superintendent of insurance or other officer of another
state, district, or territory designated by the laws thereof to receive them. If such securities are deposited with said officer of another state, the superintendent
of insurance of this state, before such company is licensed to transact such business
in this state, shall be furnished with a certificate of such officer under his hand
and official seal that he, as such officer, holds in trust on deposit for the benefit
of all the policyholders of such company the securities mentioned in this section,
giving the items thereof and stating that he is satisfied that such securities are
worth at least two hundred thousand dollars. Such securities deposited with such superintendent may be exchanged from time to
time for other like securities, and so long as the corporation depositing them continues
solvent and complies with the laws of this state, the superintendent of insurance
shall permit it to collect the interest, or dividends or distributions, on such deposit.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3929.11
- 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 § 3929.11?
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 § 3929.11 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 § 3929.11 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.