Ohio § 3933.01

Full text of Ohio Ohio Revised Code § 3933.01, with citation guidance and answers to common questions.

§ 3933.01.

No corporation, association, or partnership engaged in this state in the guaranty,

bonding, surety, or insurance business, other than life insurance, nor any officer,

agent, solicitor, employee, or representative thereof, shall pay, allow, or give,

or offer to pay, allow, or give, directly or indirectly, as inducements to insurance,

and no person shall knowingly receive as an inducement to insurance, any rebate or

premium payable on the policy, or any special favor or advantage in the dividends

or other benefits to accrue thereon, or any paid employment or contract for services

of any kind, or any special advantage in the date of the policy or date of its issue,

or any valuable consideration or inducement not plainly specified in the policy or

contract of insurance or agreement of indemnity, or give, receive, sell, or purchase,

or offer to give, receive, sell, or purchase, as inducements to insurance or in connection

therewith, any stock, bonds, or other obligations of an insurance company or other

corporation, association, partnership, or individual. Sections 3933.01 to 3933.03, inclusive, of the Revised Code do not prevent the payment to an authorized officer, agent, or solicitor of such

company, association, or partnership of commissions at customary rates on policies

or contracts of insurance effected through him by which he himself is insured, provided

such officer, agent, or solicitor holds himself out as such and has been engaged in

such business in good faith for a period of six months prior to any such payment.  Such sections do not prohibit a mutual fire insurance company from paying dividends

to policyholders at any time after such dividends have been earned.

Frequently Asked Questions About Ohio § 3933.01

What does Ohio Revised Code § 3933.01 cover?

Section 3933.01 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 § 3933.01?

A common citation format is "Ohio Revised Code § 3933.01" (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 § 3933.01 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.