Ohio § 3956.06
Full text of Ohio Ohio Revised Code § 3956.06, with citation guidance and answers to common questions.
§ 3956.06.
(A) There is hereby created an unincorporated nonprofit association to be known as the
Ohio life and health insurance guaranty association. All member insurers shall be and remain members of the association as a condition
of their license or authority to transact the business of insurance or health insuring
corporation business in this state. The association shall perform its functions under the plan of operation established
and approved under section 3956.10 of the Revised Code and shall exercise its powers through a board of directors established under section 3956.07 of the Revised Code . For purposes of administration and assessment, the association shall maintain the
following two accounts: (1) The life insurance and annuity account that includes the following subaccounts: (a) Life insurance subaccount; (b) Annuity subaccount; (c) Unallocated annuity subaccount that also includes all annuity contracts meeting the
requirements of section 403(b) of the “Internal Revenue Code of 1986,” 100 Stat. 2085, 26 U.S.C.A. 1 , as amended. (2) The health account. (B) The association is subject to the supervision of the superintendent of insurance
and to the applicable insurance laws of this state.
Frequently Asked Questions About Ohio § 3956.06
What does Ohio Revised Code § 3956.06 cover?
Section 3956.06 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 § 3956.06?
A common citation format is "Ohio Revised Code § 3956.06" (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 § 3956.06 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.