Ohio § 3901.37
Full text of Ohio Ohio Revised Code § 3901.37, with citation guidance and answers to common questions.
§ 3901.37.
(A) Whenever it appears to the superintendent of insurance that any person has committed
a violation of section 3901.33 , 3901.34 , 3901.341 , or 3901.35 of the Revised Code , which makes the continued operation of an insurer contrary to the interests of policyholders
or the public, the superintendent may, subject to Chapter 119. of the Revised Code,
suspend, revoke, or refuse to renew such insurer's license or authority to do business
in this state for such period as he finds is required for the protection of policyholders
or the public. (B) Whenever an extraordinary dividend is paid in knowing violation of division (C) of section 3901.34 of the Revised Code , the superintendent may, subject to Chapter 119. of the Revised Code, cause the insurer
to pay a civil forfeiture of not more than two hundred fifty thousand dollars, to
be paid to the state treasury to the credit of the department of insurance operating
fund. Each payment of an extraordinary dividend made in violation of division (C) of section 3901.34 of the Revised Code may be considered a separate offense.
Frequently Asked Questions About Ohio § 3901.37
What does Ohio Revised Code § 3901.37 cover?
Section 3901.37 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 § 3901.37?
A common citation format is "Ohio Revised Code § 3901.37" (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 § 3901.37 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.