Ohio § 3959.14
Full text of Ohio Ohio Revised Code § 3959.14, with citation guidance and answers to common questions.
§ 3959.14.
No administrator shall do any of the following: (A) Use plan sponsor funds for any purpose or purposes not specifically set forth in
written form by the administrator; (B) Fail to disclose in written solicitation material and on an on-going basis, at least
once annually, to the plan sponsor all of the following: (1) All fixed plan costs, identifying what each fixed cost includes; (2) Levels of the specific excess insurance stop-loss deductible; (3) The aggregate excess insurance stop-loss attachment point factors, including any
minimum attachment point factors; (4) The names of all insurance carriers providing protection for the plan sponsor's plans,
and any ownership relationship of five per cent or more between the administrator
and such insurance carriers. (C) Fail to remit insurance company premiums within the policy period or within the time
period agreed to in writing between the insurance company and the administrator; (D) Fail to disclose in written form the method of collecting and holding any plan sponsor's
funds.
Frequently Asked Questions About Ohio § 3959.14
What does Ohio Revised Code § 3959.14 cover?
Section 3959.14 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 § 3959.14?
A common citation format is "Ohio Revised Code § 3959.14" (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 § 3959.14 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.