Ohio Code § 3929.34
Ohio Code § 3929.34. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3929.34.
(A) All unallocated payments in division (B) of section 3929.33 of the Revised Code made in a given calendar year subsequent to the first four years in which a corporation
has been issuing such policies shall be distributed as follows: (1) Thirty-five per cent shall be charged to the policies written in that year; (2) Forty per cent to the policies written in the preceding year; (3) Ten per cent to the policies written in the second year preceding; (4) Ten per cent to the policies written in the third year preceding; (5) Five per cent to the policies written in the fourth year preceding. (B) Such payments made in the first four calendar years in which a corporation has been
issuing such policies shall be distributed as follows: (1) In the first calendar year one hundred per cent shall be charged to the policies
written in that year; (2) In the second calendar year fifty per cent shall be charged to the policies written
in that year and fifty per cent to the policies written in the preceding year; (3) In the third calendar year forty per cent shall be charged to the policies written
in that year, forty per cent to the policies written in the preceding year, and twenty
per cent to the policies written in the second year preceding; (4) In the fourth calendar year thirty-five per cent shall be charged to the policies
written in that year, forty per cent to the policies written in the preceding year,
fifteen per cent to the policies written in the second year preceding, and ten per
cent to the policies written in the third year preceding. (C) A schedule showing such distribution of unallocated payments shall be included in
its annual statement.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3929.34
- 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 § 3929.34?
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 § 3929.34 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 § 3929.34 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.
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