Ohio § 3964.15
Full text of Ohio Ohio Revised Code § 3964.15, with citation guidance and answers to common questions.
§ 3964.15.
(A) The superintendent may charge captive insurance companies for any of the following
expenses incurred in carrying out this chapter: (1) The entire compensation for each day, or portion thereof, worked by all personnel,
including those who are not employees of the department of insurance, in any of the
following capacities: (a) The conduct of an examination, calculated at the rates provided in the financial
condition examiners' handbook published by the national association of insurance commissioners; (b) The review and analysis of a company's annual report submitted pursuant to section 3964.07 of the Revised Code , and any interim financial statements and examination reports or related documents
of captive insurance companies in this state; (c) The ongoing evaluation and monitoring of the financial affairs of captive insurance
companies; (d) The determination and review of the premium franchise fee liability of a captive
insurance company; (e) The training and continuing education costs of examiners and analysts. (2) Travel and living expenses of all personnel, including those who are not employees
of the department of insurance, directly engaged in the conduct of an examination
calculated at rates not to exceed the rates provided in the financial condition examiners'
handbook published by the national association of insurance commissioners; (3) All other incidental expenses incurred by or on behalf of such personnel in the conduct
of such examination; (4) An allocated share of all expenses not described in division (A)(1), (2), or (3)
of this section, but that are necessarily incurred in carrying out the duties of the
superintendent under this chapter, including the expenses of direct overhead and support
staff for the examiners and persons appointed or employed pursuant to section 3964.08 of the Revised Code . (B) All amounts collected by the superintendent under division (A) of this section shall
be deposited into the state treasury to the credit of the department of insurance
operating fund. (C) As used in this section, “ examination ” means the examination required under section 3964.08 of the Revised Code .
Frequently Asked Questions About Ohio § 3964.15
What does Ohio Revised Code § 3964.15 cover?
Section 3964.15 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 § 3964.15?
A common citation format is "Ohio Revised Code § 3964.15" (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 § 3964.15 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.