Ohio § 3911.14
Full text of Ohio Ohio Revised Code § 3911.14, with citation guidance and answers to common questions.
§ 3911.14.
Any life insurance company, organized or licensed to do business under the laws of
this state, may hold the proceeds of any life or endowment insurance or annuity contract
issued by it upon such terms and restrictions as to revocation by the insured and
control by beneficiaries, with such exemptions from legal process and the claims of
creditors of beneficiaries other than the insured, and upon such other terms and conditions,
irrespective of the time and manner of payment of said proceeds, as have been agreed
to in writing by such company and the insured or beneficiary. Such insurance company is not required to segregate funds so held but may hold them
as a part of its general corporate assets. Any life or endowment insurance or annuity contract issued by a domestic, foreign,
or alien company may provide that the proceeds thereof or payments thereunder shall
not be subject to transfer, anticipation, commutation, or encumbrances by any beneficiary,
and shall not be subject to the claims of creditors of any beneficiary other than
the insured or any legal process against any beneficiary other than the insured; if
said contract so provides, the benefits accruing thereunder to such beneficiary other
than the insured shall not be transferable nor subject to commutation, encumbrance,
or legal process. This section does not impair or affect the rights of creditors under section 3911.10 of the Revised Code .
Frequently Asked Questions About Ohio § 3911.14
What does Ohio Revised Code § 3911.14 cover?
Section 3911.14 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 § 3911.14?
A common citation format is "Ohio Revised Code § 3911.14" (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 § 3911.14 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.