Ohio § 3903.725
Full text of Ohio Ohio Revised Code § 3903.725, with citation guidance and answers to common questions.
§ 3903.725.
For individual annuity and pure endowment contracts issued on or after January 1,
1989, and for annuities and pure endowments purchased on or after January 1, 1989,
under group annuity and pure endowment contracts, the minimum standard of valuation
shall be the commissioners reserve valuation methods defined in divisions (I) , (J) , (K) , and (L) of section 3903.723 of the Revised Code , interest rates defined in section 3903.724 of the Revised Code , and the following tables: (A) For individual single premium immediate annuity contracts issued on or after January
1, 1989, excluding any disability and accidental death benefits in those contracts,
the 1971 individual annuity mortality table or any individual annuity mortality table
adopted after 1980 by the national association of insurance commissioners that is
approved in rules adopted by the superintendent for use in determining the minimum
standard of valuation for these contracts, or any modification of these tables approved
by the superintendent; (B) For individual annuity and pure endowment contracts issued on or after January 1,
1989, other than single premium immediate annuity contracts, excluding any disability
and accidental death benefits in those contracts, the 1971 individual annuity mortality
table or any individual annuity mortality table adopted after 1980 by the national
association of insurance commissioners that is adopted in rules by the superintendent
for use in determining the minimum standard of valuation for those contracts, or any
modification of these tables approved by the superintendent; (C) For annuities and pure endowments purchased on or after January 1, 1989, under group
annuity and pure endowment contracts, excluding any disability and accidental death
benefits purchased under those contracts, the 1971 group annuity mortality table,
or any group annuity mortality table adopted after 1980 by the national association
of insurance commissioners that is approved in rules adopted by the superintendent
for use in determining the minimum standard of valuation for annuities and pure endowments,
or any modification of these tables approved by the superintendent.
Frequently Asked Questions About Ohio § 3903.725
What does Ohio Revised Code § 3903.725 cover?
Section 3903.725 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 § 3903.725?
A common citation format is "Ohio Revised Code § 3903.725" (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 § 3903.725 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.