| Transactions in Furtherance of Stranger-Originated Insurance Void.

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Effective: September 11, 2008

Latest Legislation: House Bill 404 - 127th General Assembly

Any contract, agreement, arrangement, or transaction including, but not limited to, any financing agreement or arrangement identified in section 1321.72 of the Revised Code entered into for the furtherance or aid of a stranger-originated life insurance act, practice, arrangement, or agreement is void and unenforceable.


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