Ohio § 3903.45
Full text of Ohio Ohio Revised Code § 3903.45, with citation guidance and answers to common questions.
§ 3903.45.
(A) All unclaimed funds subject to distribution remaining in the liquidator's hands when
he is ready to apply to the court for discharge, including the amount distributable
to any creditor, shareholder, member, or other person who is unknown or cannot be
found, shall be distributed in accordance with section 3903.42 of the Revised Code among those claimants to whom it is possible to make immediate payment. (B) All funds withheld under section 3903.38 of the Revised Code and not distributed shall upon discharge of the liquidator be deposited with the
treasurer of state and paid by him in accordance with section 3903.38 of the Revised Code . Any sums remaining which under section 3903.38 of the Revised Code would revert to the undistributed assets of the insurer shall be distributed by the
treasurer of state in accordance with section 3903.42 of the Revised Code among those claimants to whom it is possible to make immediate payment unless the
superintendent of insurance in his discretion files a motion requesting the court
to reopen the liquidation under section 3903.47 of the Revised Code .
Frequently Asked Questions About Ohio § 3903.45
What does Ohio Revised Code § 3903.45 cover?
Section 3903.45 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 § 3903.45?
A common citation format is "Ohio Revised Code § 3903.45" (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 § 3903.45 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.