Ohio § 3903.87
Full text of Ohio Ohio Revised Code § 3903.87, with citation guidance and answers to common questions.
§ 3903.87.
(A) An insurer has the right to a hearing upon receiving any of the following from the
superintendent of insurance: (1) An adjusted RBC report; (2) Notification that the insurer's RBC plan or revised RBC plan is unsatisfactory and
a statement that the notification constitutes a regulatory action level event for
the insurer; (3) Notification that the superintendent has determined that the insurer has failed to
adhere to its RBC plan or revised RBC plan, which failure has a substantial adverse
effect on the ability of the insurer to eliminate the conditions leading to a company
action level event in accordance with its RBC plan or revised RBC plan; (4) A corrective order issued under division (B)(3) of section 3903.84 of the Revised Code . (B) An insurer shall notify the superintendent of its request for a hearing within five
days after its receipt of any item listed in division (A) of this section. Upon the superintendent's receipt of the insurer's request for a hearing, the superintendent
shall set a date for the hearing, which date shall be no less than ten days and no
more than thirty days after the superintendent's receipt of the insurer's request. (C) An insurer may challenge any determination or action taken by the superintendent
under sections 3903.81 to 3903.93 of the Revised Code at the hearing held pursuant to this section. The hearing shall not be a public hearing, unless the insurer requests a public
hearing.
Frequently Asked Questions About Ohio § 3903.87
What does Ohio Revised Code § 3903.87 cover?
Section 3903.87 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 § 3903.87?
A common citation format is "Ohio Revised Code § 3903.87" (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 § 3903.87 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.