Ohio § 3927.05
Full text of Ohio Ohio Revised Code § 3927.05, with citation guidance and answers to common questions.
§ 3927.05.
If any foreign insurance company, association, or partnership doing business in this
state enters into any compact or combination with other insurance companies, or requires
its agents to enter into any compact or combination with other insurance agents or
companies, for the purpose of controlling the rates charged for fire insurance on
property in this state, or of controlling the per cent of commission or compensation
to be allowed agents for procuring contracts for such insurance on such property,
the superintendent of insurance forthwith shall revoke and recall the license to it
to do business in this state, and no renewal of the license shall be granted for three
years after its revocation. No such company, association, or partnership shall transact any business in this
state until it is again licensed and authorized to do so. This section does not prevent one or more of such companies from employing a common
agent to supervise defective structures, or to advise respecting them, and to suggest
improvements for lessening their fire hazards, or to advise as to the relative values
of risks.
Frequently Asked Questions About Ohio § 3927.05
What does Ohio Revised Code § 3927.05 cover?
Section 3927.05 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 § 3927.05?
A common citation format is "Ohio Revised Code § 3927.05" (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 § 3927.05 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.