Ohio Code § 3930.08
Ohio Code § 3930.08. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3930.08.
In the event that sufficient funds are not available, from mechanisms provided for
in sections 3930.04 , 3930.06 , and 3930.07 of the Revised Code , for the sound financial operation of the Ohio commercial insurance joint underwriting
association, all members shall contribute to the financial requirements of the association
in the manner provided for in section 3930.05 of the Revised Code . No member shall be obligated in any one year to reimburse the association on account
of its proportionate share in the deficit from operations of the association in that
year in excess of one-half of one per cent of its net direct premiums within this
state and the aggregate amount not so reimbursed shall be reallocated among the remaining
members in accordance with the method of determining participation prescribed in this
section, after excluding from the computation the total net direct premiums of all
members not sharing in such excess deficit. If a member is assessed or may be assessed because of a deficit, or projected deficit,
it may recoup the assessment by increasing its commercial insurance policyholders'
rates.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3930.08
- 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 § 3930.08?
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 § 3930.08 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 § 3930.08 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Statutes are amended, repealed, and renumbered every session.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.