Ohio § 1751.26
Full text of Ohio Ohio Revised Code § 1751.26, with citation guidance and answers to common questions.
§ 1751.26.
(A) For purposes of this section, real estate used for “ the accommodation of the health insuring corporation's business operations ” includes the health insuring corporation's home office, branch office, medical facilities,
and field office operations. (B) No health insuring corporation shall purchase, hold, or convey real estate, or any
interest in real estate, to be used as an investment for the production of income,
to be developed for the production of income, or to be otherwise used for purposes
other than the accommodation of the health insuring corporation's business operations,
without the prior approval of the superintendent of insurance. (C)(1) No health insuring corporation shall invest, without the prior approval of the superintendent,
an amount that exceeds forty per cent of its admitted assets as of the immediately
preceding thirty-first day of December in real estate used for the accommodation of
the health insuring corporation's business operations from which the health insuring
corporation provides health care services. (2) No health insuring corporation shall invest, without the prior approval of the superintendent,
an amount that exceeds twenty-five per cent of its admitted assets as of the immediately
preceding thirty-first day of December in real estate used for the accommodation of
the health insuring corporation's business operations from which the health insuring
corporation does not provide health care services.
Frequently Asked Questions About Ohio § 1751.26
What does Ohio Revised Code § 1751.26 cover?
Section 1751.26 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 § 1751.26?
A common citation format is "Ohio Revised Code § 1751.26" (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 § 1751.26 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.