Commercial Market Assistance Plan; Commercial Insurance Joint Underwriting Association
Ohio Revised Code Chapter 3930, complete chapter, all 18 sections 3930.01 through 3930.18
Edition and licensing notes
Publisher. Ohio Legislative Service Commission (codes.ohio.gov)
Edition. Ohio Revised Code as published by the Ohio Legislative Service Commission; the site's own currency statement reads: "The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation."
Status. US state law; public domain.
What this document is
Ohio Revised Code Chapter 3930 - Commercial Market Assistance Plan; Commercial Insurance Joint Underwriting Association (complete chapter, all 18 sections 3930.01 through 3930.18) is a state statute published by Ohio Legislative Service Commission (codes.ohio.gov). It is one of the Ohio documents that insurance license exam questions are written from, including ohio property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Ohio Rev. Code § 3930.06(B) (Stabilization reserve fund charge)
“(B) Each association policyholder shall pay to the association a stabilization reserve fund charge equal to twenty per cent of the total annual premium payment due for insurance through the association without regard to whether assessment as authorized in section 3930.07 of the Revised Code has...”
- Ohio Rev. Code § 3930.03(A) (Activation of the joint underwriting association)
“It shall be activated for a particular class of insurance only by rule of the superintendent of insurance adopted pursuant to Chapter 119. of the Revised Code upon a finding by the superintendent that both of the following circumstances exist for that particular class of insurance: (1) A...”
- Ohio Rev. Code § 3930.04(C) (Applying for commercial insurance policy)
“The association is under no obligation to issue any policy of commercial insurance to any applicant, unless the applicant would be insurable in accordance with reasonable underwriting standards in the voluntary insurance market, if such insurance were available.”
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