Ohio § 3903.30
Full text of Ohio Ohio Revised Code § 3903.30, with citation guidance and answers to common questions.
§ 3903.30.
(A) Mutual debts or mutual credits between the insurer and another person in connection
with any action or proceeding under sections 3903.01 to 3903.59 of the Revised Code shall be set off and the balance only shall be allowed or paid, except as provided
in division (B) of this section and section 3903.33 of the Revised Code . (B) No setoff or counterclaim shall be allowed in favor of any person where any of the
following apply: (1) The obligation of the insurer to the person would not at the date of the filing of
a complaint for liquidation entitle the person to share as a claimant in the assets
of the insurer; (2) The obligation of the insurer to the person was purchased by or transferred to the
person with a view to its being used as a setoff; (3) The obligation of the person is to pay an assessment levied against the members or
subscribers of the insurer, or is to pay a balance upon a subscription to the capital
stock of the insurer, or is in any other way in the nature of a capital contribution.
Frequently Asked Questions About Ohio § 3903.30
What does Ohio Revised Code § 3903.30 cover?
Section 3903.30 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 § 3903.30?
A common citation format is "Ohio Revised Code § 3903.30" (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 § 3903.30 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.