Ohio Code § 3956.07
Ohio Code § 3956.07. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3956.07.
(A) The board of directors of the Ohio life and health insurance guaranty association
shall consist of not less than nine nor more than eleven member insurers serving terms
as established in the plan of operation. A majority of the members of the board shall be representatives of member insurers
domiciled in this state. Three of the members of the board shall be representatives of the three member insurers
that write the largest premium volumes of health insurance in this state, three of
the members of the board shall be representatives of domestic life insurers, and three
of the members of the board shall be representatives of foreign member insurers. The members of the board shall be selected by member insurers, subject to the approval
of the superintendent of insurance. Vacancies on the board shall be filled for the remaining period of the term by a
majority vote of the remaining board members, subject to the approval of the superintendent. To select the initial board of directors and initially organize the association,
the superintendent shall give notice to all member insurers of the time and place
of the organizational meeting. In determining voting rights at the organizational meeting, each member insurer
shall be entitled to one vote in person or by proxy. If the board of directors is not selected within sixty days after notice of the
organizational meeting, the superintendent may appoint the initial members. (B) In approving selections or in appointing members to the board, the superintendent
shall consider, among other things, whether all member insurers are fairly represented. (C) Members of the board may be reimbursed from the assets of the association for reasonable
expenses incurred by them as members of the board of directors, but members of the
board shall not otherwise be compensated by the association for their services.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3956.07
- 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 § 3956.07?
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 § 3956.07 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 § 3956.07 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.