Ohio § 3921.15
Full text of Ohio Ohio Revised Code § 3921.15, with citation guidance and answers to common questions.
§ 3921.15.
Any domestic fraternal benefit society may be converted and licensed as a mutual life
insurance company by compliance with all the applicable requirements of Chapter 3913.
of the Revised Code, if the plan of conversion has been approved by the superintendent
of insurance. If the society's supreme governing body is constituted as an assembly, the plan
shall be prepared in writing by the board of directors and shall set forth in full
the terms and conditions of the conversion. If the society's supreme governing body is constituted as a board, the plan shall
be prepared in writing by persons designated by the board and shall set forth in full
the terms and conditions of the conversion. The plan shall be submitted to the supreme governing body of the society at any
regular or special meeting, by giving a complete copy of the plan with the notice
of the meeting as provided in the laws of the society. The affirmative vote of two-thirds of all members of the supreme governing body
at a regular or special meeting shall be necessary for the approval of the plan. The conversion shall not take effect until approved by the superintendent, who may
give approval if the superintendent finds that the proposed change is in conformity
with the requirements of the law and is not prejudicial to the certificate holders
of the society.
Frequently Asked Questions About Ohio § 3921.15
What does Ohio Revised Code § 3921.15 cover?
Section 3921.15 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 § 3921.15?
A common citation format is "Ohio Revised Code § 3921.15" (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 § 3921.15 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.