Ohio § 3921.12
Full text of Ohio Ohio Revised Code § 3921.12, with citation guidance and answers to common questions.
§ 3921.12.
(A) A fraternal benefit society may create, maintain, and operate charitable, benevolent,
or educational institutions for the benefit of its members and their families and
dependents and for the benefit of children insured by the society. For such purpose it may own, hold, or lease personal property or real property located
within or without this state, with necessary buildings. The property shall be reported in every annual statement but shall not be allowed
as an admitted asset of the society, unless, after excluding such asset, its assets
exceed its reserves by at least ten per cent. (B) Maintenance, treatment, and proper attendance in any institution described in division
(A) of this section may be furnished free or for a reasonable charge, but an institution
shall not be operated for profit. The society shall maintain a separate accounting of any income and disbursements
under this section and report them in its annual statement. (C) No society shall own or operate funeral homes or undertaking establishments.
Frequently Asked Questions About Ohio § 3921.12
What does Ohio Revised Code § 3921.12 cover?
Section 3921.12 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 § 3921.12?
A common citation format is "Ohio Revised Code § 3921.12" (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 § 3921.12 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.