Ohio Rev. Code § 3916.173

Current with legislation from 2024 received as of August 15, 2024.
Section 3916.173 - Trusts to give appearance of insurable interest illegal

Trusts or other persons that are created to give the appearance of insurable interest and are used to initiate one or more policies for investors violate insurable interest laws and the prohibition against wagering on life.

R.C. §3916.173

Effective Date: 2008 HB404 9/11/2008 .