Ohio Rev. Code § 3901.021

Current with legislation from 2024 received as of August 15, 2024.
Section 3901.021 - Department of insurance operating fund
(A) Three-fourths of all appointment and other fees collected under division (B) of section 3905.20 of the Revised Code shall be paid into the state treasury to the credit of the department of insurance operating fund, which is hereby created. The remaining one-fourth shall be credited to the general revenue fund. Other revenues collected by the superintendent of insurance, such as registration fees for sponsored seminars or conferences and grants from private entities, shall be paid into the state treasury to the credit of the department of insurance operating fund.
(B) Seven-tenths of all fees collected under divisions (A)(2), (A)(3), and (A)(6) of section 3905.40 of the Revised Code shall be paid into the state treasury to the credit of the department of insurance operating fund. The remaining three-tenths shall be credited to the general revenue fund.
(C) All operating expenses of the department of insurance , including those expenses defined under section 3901.07 of the Revised Code, shall be paid from the department of insurance operating fund.

R.C. § 3901.021

Amended by 135th General Assembly, HB 33,§101.01, eff. 10/3/2023.
Amended by 128th General Assembly, HB 300, §1, eff. 5/26/2010.
Effective Date: 09-01-2002; 06-30-2005
See 128th General Assembly, HB 300, §3.
See 128th General Assembly, HB 300, §6.