Statute Information
3929.481 Issuing fair plan policies.
The Ohio fair plan underwriting association is authorized to issue fair plan
policies of insurance in its own name and to perform acts relative thereto in
accordance with the plan of operation. The association is exempt from all license
fees, and income, franchise, premium, and privilege taxes levied or assessed by
this state or any political subdivision of this state, except that premium
receipts from policies issued directly by the association are subject to the tax
imposed by section 3737.71 of the Revised Code, computed upon the basis of a
statement to be filed annually on or before the first day of March by the
association with the superintendent of insurance in the form prescribed by him,
and that annually on the first day of March the association shall pay to the
superintendent a fee of one cent for each policy issued by it and then
outstanding.
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