Ohio § 3903.15
Full text of Ohio Ohio Revised Code § 3903.15, with citation guidance and answers to common questions.
§ 3903.15.
(A) Any court in this state, before which any action or proceeding in which the insurer
is a party or is obligated to defend a party is pending when a rehabilitation order
against the insurer is entered, shall stay the action or proceeding for ninety days
and such additional time as is necessary for the rehabilitator to obtain proper representation
and prepare for further proceedings. The rehabilitator shall take such action respecting the pending litigation as he
considers necessary in the interests of justice and for the protection of creditors,
policyholders, and the public. The rehabilitator shall immediately consider all litigation pending outside this
state and shall petition the courts having jurisdiction over that litigation for stays
whenever necessary to protect the estate of the insurer. (B) No statute of limitations or defense of laches shall run with respect to any action
by or against an insurer between the filing of a complaint for appointment of a rehabilitator
for that insurer and the order granting or denying that complaint. Any action by or against the insurer that might have been commenced when the complaint
was filed may be commenced for at least sixty days after the order of rehabilitation
is entered or the complaint is denied. (C) Any guaranty association or foreign guaranty association covering life or health
insurance or annuities shall have standing to appear in any court proceeding concerning
the rehabilitation of a life or health insurer if such association is or may become
liable to act as a result of the rehabilitation.
Frequently Asked Questions About Ohio § 3903.15
What does Ohio Revised Code § 3903.15 cover?
Section 3903.15 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 3903.15?
A common citation format is "Ohio Revised Code § 3903.15" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 3903.15 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.