Ohio § 3905.42
Full text of Ohio Ohio Revised Code § 3905.42, with citation guidance and answers to common questions.
§ 3905.42.
No company, corporation, or association, whether organized in this state or elsewhere,
shall engage either directly or indirectly in this state in the business of insurance,
or enter into any contracts substantially amounting to insurance, or in any manner
aid therein, or engage in the business of guaranteeing against liability, loss, or
damage, including guaranteeing the fidelity of persons holding places of public or
private trust, who are required to, or in their trust capacity do, receive, hold,
control, or disburse public or private property, or transacting the business of guaranteeing
the performance of contracts other than insurance policies, or of executing or guaranteeing
bonds or undertakings required or permitted in actions or proceedings, or allowed
by law, unless it is expressly authorized by the laws of this state, and the laws
regulating it and applicable thereto, have been complied with.
Frequently Asked Questions About Ohio § 3905.42
What does Ohio Revised Code § 3905.42 cover?
Section 3905.42 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 § 3905.42?
A common citation format is "Ohio Revised Code § 3905.42" (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 § 3905.42 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.