Ohio § 3907.18
Full text of Ohio Ohio Revised Code § 3907.18, with citation guidance and answers to common questions.
§ 3907.18.
The directors, managers, or officers of any legal reserve life insurance company organized
under the laws of this state shall not, directly or indirectly, make or pay a dividend,
or pay any interest, bonus, or other allowances in lieu thereof, to its stockholders,
except from surplus funds which exist after setting aside an amount equal to the reserve
on all its outstanding risks and policies, calculated by the American Experience Table,
with interest at four per cent annually, or calculated by any other higher standard
that the company has adopted, and the unearned premium on all personal accident and
sickness insurance.
Frequently Asked Questions About Ohio § 3907.18
What does Ohio Revised Code § 3907.18 cover?
Section 3907.18 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 § 3907.18?
A common citation format is "Ohio Revised Code § 3907.18" (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 § 3907.18 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.