Ohio § 3921.14
Full text of Ohio Ohio Revised Code § 3921.14, with citation guidance and answers to common questions.
§ 3921.14.
(A) A domestic fraternal benefit society may consolidate or merge with any other society
by complying with the provisions of this section. (B) The society shall file all of the following with the superintendent of insurance: (1) A certified copy of the written contract containing in full the terms and conditions
of the consolidation or merger; (2) A sworn statement by the president and secretary or corresponding officers of each
society showing the society's financial condition on a date fixed by the superintendent
but not earlier than the thirty-first day of December next preceding the date of the
contract; (3) A certificate of such officers, duly verified by their respective oaths, that the
consolidation or merger has been approved by a two-thirds vote of the supreme governing
body of each society, which vote was conducted at a regular or special meeting of
each such body or, if permitted by the society's laws, by mail; (4) Evidence that at least sixty days prior to the action of the supreme governing body
of each society, the text of the contract has been furnished to all members of each
society either by mail or by publication in full in the official publication of each
society. (C) If the superintendent finds that the contract containing the terms and conditions
of the proposed consolidation or merger is in conformity with this section, that the
financial statements are correct, and that the consolidation or merger is just and
equitable to the members of each society, the superintendent shall approve the contract
and issue a certificate to that effect. (D) Upon approval by the superintendent under division (C) of this section, the contract
shall be in full force and effect unless any society that is a party to the contract
is incorporated under the laws of any other state or territory. In that event the consolidation or merger shall not become effective until it is
approved as provided by the laws of that state or territory and a certificate of the
approval is filed with the superintendent of insurance of this state or, if the laws
of that state or territory contain no such provision, the consolidation or merger
shall not become effective until it is approved by the insurance authority of that
other state or territory and a certificate of the approval is filed with the superintendent
of insurance of this state. (E) Upon the consolidation or merger becoming effective as provided in this section,
all the rights, franchises, and interests of the consolidated or merged societies
in and to every species of property, real, personal, or mixed, and things in action
belonging to that property shall be vested in the society resulting from or remaining
after the consolidation or merger without any other instrument, except that conveyances
of real property may be evidenced by proper deeds, and the title to or interest in
any real estate that is vested under the laws of this state in any of the societies
consolidated or merged, shall not revert or be in any way impaired by reason of the
consolidation or merger, but shall vest absolutely in the society resulting from or
remaining after the consolidation or merger. (F) The affidavit of any officer of the society or of anyone authorized by it to mail
any notice or document, stating that the notice or document has been duly addressed
and mailed, is prima facie evidence that the notice or document has been furnished
the addressees.
Frequently Asked Questions About Ohio § 3921.14
What does Ohio Revised Code § 3921.14 cover?
Section 3921.14 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 § 3921.14?
A common citation format is "Ohio Revised Code § 3921.14" (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 § 3921.14 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.