Ohio Code § 3929.51
Ohio Code § 3929.51. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3929.51.
(A) The Ohio mine subsidence insurance underwriting association is hereby created, consisting
of all insurers authorized to write and engaged in writing within the state, on a
direct basis, basic property insurance or any component thereof in multi-peril policies,
to operate in accordance with the plan of operation adopted pursuant to section 3929.53 of the Revised Code . Every such insurer shall be a member of the association and shall remain a member
as a condition of its authority to write such insurance in this state. (B) The association, pursuant to sections 3929.50 to 3929.61 of the Revised Code , and any plan of operation thereunder with respect to mine subsidence insurance,
may assume and cede reinsurance on insurable risks written by its members. (C) For the purpose of governing the mine subsidence insurance underwriting association,
there is hereby created a mine subsidence insurance governing board consisting of
the director of natural resources or the director's designee, as chairperson, the
treasurer of state or the treasurer of state's designee, and one representative from
member companies. The representative from member companies shall be an Ohio domiciled member, elected
every three years by members of the association. All actions of the mine subsidence insurance underwriting association shall be approved
by the governing board. The board may employ, compensate, and prescribe the duties and powers of such employees
and consultants as are necessary to carry out sections 3929.50 to 3929.61 of the Revised Code , and is authorized to enter into a contract with the Ohio fair plan underwriting
association for administrative and claims adjusting services.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3929.51
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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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
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What subject does Ohio Revised Code § 3929.51 address?
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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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