Ohio Code § 3901.54

Securities May Not Be Used for Other Purposes.
Open in Lexace · Ask the AI about this section
Effective: September 28, 1990
Latest Legislation: House Bill 629 - 118th General Assembly
No insurance company shall use, for any purpose other than to satisfy the deposit requirements under provisions of the insurance laws of this state, securities that have been placed in a clearing corporation or in the federal reserve book-entry system for the satisfaction of these requirements pursuant to division (B) of section 3901.53 of the Revised Code.

‹ Prev All Ohio sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.