Ohio § 3960.06

Full text of Ohio Ohio Revised Code § 3960.06, with citation guidance and answers to common questions.

§ 3960.06.

(A) A purchasing group and its insurer or insurers are subject to all applicable laws

of this state, except that a purchasing group and its insurer or insurers, in regard

to liability insurance for the purchasing group, are exempt from any law that does

any of the following: (1) Prohibits the establishment of a purchasing group; (2) Makes it unlawful for an insurer to provide or offer to provide insurance on a basis

providing, to a purchasing group or its members, advantages based on their loss and

expense experience not afforded to other persons with respect to rates, policy forms,

coverages, or other matters; (3) Prohibits a purchasing group or its members from purchasing insurance on a group

basis described in division (A)(2) of this section; (4) Prohibits a purchasing group from obtaining insurance on a group basis because the

group has not been in existence for a minimum period of time or because any member

has not belonged to the group for a minimum period of time; (5) Requires that a purchasing group have a minimum number of members, common ownership

or affiliation, or a certain legal form; (6) Requires that a certain percentage of a purchasing group obtain insurance on a group

basis; (7) Otherwise discriminates against a purchasing group or any of its members; (8) Requires that any insurance policy issued to a purchasing group or any of its members

be countersigned by an insurance agent or broker residing in this state. (B) The superintendent of insurance may require or exempt a risk retention group from

participation in any joint underwriting association established under section 3930.03

or in the plan established under section 4509.70 of the Revised Code .  Any risk retention group that is required to participate under this division shall

submit sufficient information to the superintendent to enable the superintendent to

apportion on a nondiscriminatory basis the risk retention group's proportionate share

of losses and expenses.

Frequently Asked Questions About Ohio § 3960.06

What does Ohio Revised Code § 3960.06 cover?

Section 3960.06 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 § 3960.06?

A common citation format is "Ohio Revised Code § 3960.06" (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 § 3960.06 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.