Ohio § 3925.19
Full text of Ohio Ohio Revised Code § 3925.19, with citation guidance and answers to common questions.
§ 3925.19.
In its bylaws any insurance company organized under sections 3925.01 to 3925.34, inclusive, of the Revised Code , may provide for the accumulation of a permanent fund, by reserving a portion of
its net profits, to be invested and be a reserve for the security of the insured. Such permanent fund in the sum determined by the board of directors shall be separate
from such surplus as may be accumulated in the discretion of the company or its board
of directors. The permanent fund accumulated shall be used for the payment of losses and expenses,
whenever the cash funds of the company in excess of an amount equal to its liabilities
are exhausted.
Frequently Asked Questions About Ohio § 3925.19
What does Ohio Revised Code § 3925.19 cover?
Section 3925.19 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 § 3925.19?
A common citation format is "Ohio Revised Code § 3925.19" (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 § 3925.19 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.