§ 3960.01 Risk retention definitions
§ 3960.02 Requirements for transacting business
§ 3960.03 Requirements for foreign risk retention groups
§ 3960.04 Notices on application forms and policies
§ 3960.05 No coverage by Ohio insurance guaranty association or similar mechanism
§ 3960.06 Applicability of laws to purchasing group
§ 3960.07 Requirements of purchasing group for transacting business
§ 3960.08 Restricting purchases of insurance
§ 3960.09 Premium taxes or taxes on premiums paid for coverage of risks
§ 3960.10 Authority and powers of superintendent of insurance
§ 3960.11 Soliciting, negotiating, or procuring liability insurance restricted to licensed agents and brokers
§ 3960.12 Adoption of rules for enforcement
§ 3960.13 Enforcement powers of superintendent of insurance

Terms Used In Ohio Code > Chapter 3960 - Risk Retention

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
  • Property: means real and personal property. See Ohio Code 1.59
  • Rule: includes regulation. See Ohio Code 1.59
  • state: means the state of Ohio. See Ohio Code 1.59
  • Statute: A law passed by a legislature.
  • United States: includes all the states. See Ohio Code 1.59