Ohio Code § 3929.53

§ 3929.53.

The mine subsidence insurance governing board shall submit to the superintendent of

insurance, for his approval, a proposed plan of operation for the economical, fair,

and nondiscriminatory administration of the mine subsidence insurance fund under sections 3929.50 to 3929.61 of the Revised Code .  If the superintendent of insurance disapproves the proposed plan of operation, the

governing board shall, within fifteen days, submit for approval an appropriately revised

plan of operation and if the governing board fails to do so, or if the revised plan

submitted is unacceptable, the superintendent shall promulgate a plan of operation;

 provided, that the superintendent shall not approve or promulgate a plan of operation

until adequate financial resources have been secured for start-up costs and initial

reserves for the insurance program established pursuant to sections 3929.50 to 3929.61 of the Revised Code . If amendment of the plan of operation is requested by the superintendent or the governing

board, the governing board shall submit to the superintendent, for his approval, such

amendments.  If such amendments are not approved by the superintendent, the governing board shall,

within fifteen days, submit for approval an appropriately revised amendment.  If the governing board fails to do so, or if the amendment is not approved by the

superintendent, the superintendent shall promulgate such amendment as he finds necessary. The superintendent of insurance shall adopt the plan of operation and all amendments

thereto pursuant to Chapter 119. of the Revised Code.