Ohio Code § 3964.171
Ohio Code § 3964.171. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3964.171.
(A) A protected cell captive insurance company may create and issue shares in one or
more classes for one or more protected cells. (1) The proceeds of the issue of shares for a specific protected cell shall be included
in the assets of that protected cell. (2) The proceeds of the issue of shares that are not for a specific protected cell shall
be included in the protected cell captive insurance company's general assets. (B) A protected cell captive insurance company may pay a dividend on protected cell or
protected cell captive insurance company shares of any class, regardless of whether
a dividend is declared on any other class of shares of a protected cell or any other
shares of the protected cell captive insurance company. Such payment is subject to section 3964.06 of the Revised Code . (C) Dividends may be paid on protected cell shares only from the cell assets of the protected
cell that issued the shares and must otherwise be made in accordance with the rights
of such shares and in accordance with section 3964.06 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3964.171
- 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 § 3964.171?
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 § 3964.171 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 § 3964.171 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Statutes are amended, repealed, and renumbered every session.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.