Ohio § 3953.331
Full text of Ohio Ohio Revised Code § 3953.331, with citation guidance and answers to common questions.
§ 3953.331.
(A) For a title insurance agency that is a joint venture, the annual review required
under section 3953.33 of the Revised Code shall demonstrate that all members of the joint venture received revenue during the
year in question from the title agency commensurate to their ownership interest in
the title agency. The superintendent of insurance shall promulgate rules under Chapter 119. of the
Revised Code setting forth the standards of the review required under this section
and the form in which this information is to be provided. (B) Title insurance agencies that are joint ventures shall maintain sufficient records
of their affairs, including their escrow operations, escrow trust accounts, and operating
accounts so that the superintendent may adequately ensure that the title insurance
agency that is a joint venture and all members of the joint venture are in compliance
with the requirements of this section. Records kept pursuant to this section shall be kept for a period of not less than
ten years following the transactions to which the records relate. The superintendent may prescribe the specific records and documents to be kept.
Frequently Asked Questions About Ohio § 3953.331
What does Ohio Revised Code § 3953.331 cover?
Section 3953.331 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 § 3953.331?
A common citation format is "Ohio Revised Code § 3953.331" (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 § 3953.331 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.