Ohio Code § 3933.01

Ohio Code § 3933.01. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 3933.01.

No corporation, association, or partnership engaged in this state in the guaranty,

bonding, surety, or insurance business, other than life insurance, nor any officer,

agent, solicitor, employee, or representative thereof, shall pay, allow, or give,

or offer to pay, allow, or give, directly or indirectly, as inducements to insurance,

and no person shall knowingly receive as an inducement to insurance, any rebate or

premium payable on the policy, or any special favor or advantage in the dividends

or other benefits to accrue thereon, or any paid employment or contract for services

of any kind, or any special advantage in the date of the policy or date of its issue,

or any valuable consideration or inducement not plainly specified in the policy or

contract of insurance or agreement of indemnity, or give, receive, sell, or purchase,

or offer to give, receive, sell, or purchase, as inducements to insurance or in connection

therewith, any stock, bonds, or other obligations of an insurance company or other

corporation, association, partnership, or individual. Sections 3933.01 to 3933.03, inclusive, of the Revised Code do not prevent the payment to an authorized officer, agent, or solicitor of such

company, association, or partnership of commissions at customary rates on policies

or contracts of insurance effected through him by which he himself is insured, provided

such officer, agent, or solicitor holds himself out as such and has been engaged in

such business in good faith for a period of six months prior to any such payment.  Such sections do not prohibit a mutual fire insurance company from paying dividends

to policyholders at any time after such dividends have been earned.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 3933.01
  • 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 § 3933.01?

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 § 3933.01 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 § 3933.01 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.