Ohio Code § 3964.09

Ohio Code § 3964.09. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 3964.09.

The superintendent may suspend or revoke the license of a captive insurance company,

in accordance with Chapter 119. of the Revised Code, for any of the following reasons: (A) Insolvency or impairment of capital or surplus; (B) Failure to meet the requirements of section 3964.05 of the Revised Code ; (C) Refusal or failure to submit an annual report, as required by section 3964.07 of the Revised Code , or any other report or statement required by law or by lawful order of the superintendent; (D) Failure to comply with the provisions of its own articles, bylaws, code of regulations,

or other organizational documents; (E) Failure to submit to, or pay the cost of, examination, or any legal obligation related

to examination, as required by this chapter; (F) Use of practices that, although not otherwise specifically prohibited by law, are

determined by the superintendent to render its operation detrimental or its condition

unsound with respect to the public or to its policyholders; (G) Failure to otherwise comply with the laws of this state.

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

At a glance

  • Citation: Ohio Revised Code § 3964.09
  • 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 § 3964.09?

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 § 3964.09 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 § 3964.09 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Statutes are amended, repealed, and renumbered every session.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.