Ohio § 3911.09
Full text of Ohio Ohio Revised Code § 3911.09, with citation guidance and answers to common questions.
§ 3911.09.
(A) Any person may procure, authorize procurement of, or effect an insurance on the person's
life, for any definite period of time or for the term of the person's natural life,
to inure to the benefit of the person's spouse and children, or either, or other persons
dependent upon such person, or an institution or entity described in division (B)(1)
of this section, or any creditor the person causes to be appointed and provided for
in the policy. (B)(1) Any religious, charitable, scientific, literary, educational, or other institution
or entity that is described in section 170, 501(c)(3), 2055, or 2522 of the “Internal
Revenue Code of 1986,” 100 Stat. 2085, 26 U.S.C.A. 170 , 501 , 2055 , 2522 , as amended, may be the owner of, or may be designated beneficiary in, any policy
of life insurance issued upon the life or lives of one or more individuals. Any such institution or entity has an insurable interest in the life of each insured
and is entitled to enforce all rights and collect all benefits to which it is entitled
pursuant to the policy. (2) With respect to any policy of life insurance delivered or issued for delivery in
this state before the effective date of this amendment and in which any institution
or entity described in division (B)(1) of this section has been designated owner of
or beneficiary, the institution or entity has an insurable interest in the life of
each insured and is entitled to enforce all rights and collect all benefits to which
it is entitled pursuant to the policy. (3) With respect to any transfer of ownership or designation of beneficiary executed
before the effective date of this amendment and in which any institution or entity
described in division (B)(1) of this section has been designated owner or beneficiary,
the institution or entity has an insurable interest in the life of each insured and
is entitled to enforce all rights and collect all benefits to which it is entitled
pursuant to the policy under which the transfer or designation was executed.
Frequently Asked Questions About Ohio § 3911.09
What does Ohio Revised Code § 3911.09 cover?
Section 3911.09 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 § 3911.09?
A common citation format is "Ohio Revised Code § 3911.09" (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 § 3911.09 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.