Ohio § 3953.13
Full text of Ohio Ohio Revised Code § 3953.13, with citation guidance and answers to common questions.
§ 3953.13.
Any title insurance company authorized to engage in the business of title insurance
in this state may cede reinsurance of all or any part of its liability under one or
more of its policies or contracts or reinsurance agreements to any other title insurance
company authorized to engage in the business of title insurance in this or any other
state, or the District of Columbia which meets the financial requirements necessary
to qualify to do a title insurance business in this state. It may also reinsure policies of title insurance issued by other companies on risks
whether located in this state or elsewhere. Any domestic title insurance company or any foreign title insurance company authorized
to transact business in this state shall pay to this state taxes required on all business
taxable within this state and reinsured, as provided in this section, with any foreign
company authorized to do business within this state. Issuance of contracts of reinsurance by a title insurance company not authorized
to engage in the business of title insurance in this state, but authorized to engage
in the business of title insurance in any of the United States, reinsuring a title
insurance company authorized to engage in the business of title insurance in this
state on real property located in this state, shall not of itself constitute the doing
of business in this state by such reinsuring company. If any domestic title insurance company is unable to obtain reinsurance from another
title insurance company, then after filing of an affidavit to that effect with the
superintendent of insurance it may reinsure with any insurance company.
Frequently Asked Questions About Ohio § 3953.13
What does Ohio Revised Code § 3953.13 cover?
Section 3953.13 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 § 3953.13?
A common citation format is "Ohio Revised Code § 3953.13" (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 § 3953.13 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.