Ohio § 3906.10
Full text of Ohio Ohio Revised Code § 3906.10, with citation guidance and answers to common questions.
§ 3906.10.
(A) An insurer investing under this chapter shall not invest in investments that are
prohibited for an insurer by statute or rules of this state. (B) An insurer investing under this chapter shall not invest in a partnership as a general
partner. (C) The superintendent shall set a reasonable amount of time, not to exceed five years,
for disposal of a prohibited investment in hardship cases if the insurer demonstrates
that the investment was legal when made or the result of a mistake made in good faith,
or if the superintendent determines that the sale of the asset would be contrary to
the interests of insureds, creditors, or the general public. (D) Violation of division (A) of this section may be grounds for regulatory action pursuant
to divisions (A) and (I) of section 3903.12 of the Revised Code .
Frequently Asked Questions About Ohio § 3906.10
What does Ohio Revised Code § 3906.10 cover?
Section 3906.10 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 § 3906.10?
A common citation format is "Ohio Revised Code § 3906.10" (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 § 3906.10 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.