Ohio Code § 5525.13
Ohio Code § 5525.13. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5525.13.
Where surety bond is accepted from a surety company by the director of transportation
on a contract it shall not be for more than ten per cent of the company's capital
and surplus, unless the amount in excess of ten per cent is fully reinsured in some
surety company that is authorized to transact business in this state. The director may limit the total amount of insurance in force at any one time in any
one company. In the event of the insolvency of any surety, at any time prior to the completion
of a contract, the director may require the contractor to furnish forthwith a new
bond covering the uncompleted portion of the work.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5525.13
- 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 § 5525.13?
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 § 5525.13 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 § 5525.13 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Statutes are amended, repealed, and renumbered every session.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.