Ohio § 3941.30
Full text of Ohio Ohio Revised Code § 3941.30, with citation guidance and answers to common questions.
§ 3941.30.
A domestic mutual fire insurance company, for the protection of all its policies,
may deposit with the superintendent of insurance, securities of the kind described
in this section, in such sum as is necessary to enable such company to transact business
in any other state under the laws of said state. Said securities shall consist of United States bonds, bonds of this state, or bonds
of county or city of this state, issued in conformity with law, not estimated above
their par value, which, before being deposited, shall be registered by the company
in favor of “the superintendent of insurance of the state of Ohio in trust for the
benefit and security of all the policyholders of said company.” The superintendent shall execute his receipt therefor to the depositing company, safely
keep such securities as provided by law until they are withdrawn by the depositing
company as provided in section 3941.34 of the Revised Code , and shall keep in his office a record in which shall be entered the name of the
company so owning and depositing such securities, the name of the debtor, the par
value and serial number of each such security, the date of its maturity, and the date
of maturity and amount of each installment of interest to become due.
Frequently Asked Questions About Ohio § 3941.30
What does Ohio Revised Code § 3941.30 cover?
Section 3941.30 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 § 3941.30?
A common citation format is "Ohio Revised Code § 3941.30" (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 § 3941.30 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.