Ohio § 3921.20
Full text of Ohio Ohio Revised Code § 3921.20, with citation guidance and answers to common questions.
§ 3921.20.
(A) In the case of certificates that are delivered or issued for delivery in this state
on or after January 1, 1997, but prior to January 1, 1998, the value of every paid-up
nonforfeiture benefit and the amount of any cash surrender value, loan, or other option
granted shall comply with the requirements that would have applied under the laws
in effect on December 31, 1996. (B) In the case of certificates that are delivered or issued for delivery in this state
on or after January 1, 1998, for which reserves are computed on the commissioner's
1941 standard ordinary mortality table, the commissioner's 1941 standard industrial
table, the commissioner's 1958 standard ordinary mortality table, the commissioner's
1980 standard mortality table, or any more recent table made applicable to life insurers,
every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan,
or other option granted shall not be less than the corresponding amount ascertained
in accordance with the laws of this state applicable to life insurers issuing policies
containing like benefits based upon such tables.
Frequently Asked Questions About Ohio § 3921.20
What does Ohio Revised Code § 3921.20 cover?
Section 3921.20 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 § 3921.20?
A common citation format is "Ohio Revised Code § 3921.20" (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 § 3921.20 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.