Ohio Rev. Code » Chapter 3921
Ohio Revised Code

Ohio Rev. Code § 3921.16 (2026)

Contractual benefits provided by society

✓ current as of May 2026
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Effective:
January 1, 1997
Latest Legislation:
House Bill 468 - 121st General Assembly
PDF:
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(A) A fraternal benefit society may provide any of the following contractual benefits in any form:

(1) Death benefits;

(2) Endowment benefits;

(3) Annuity benefits;

(4) Temporary or permanent disability benefits;

(5) Hospital, medical, or nursing benefits;

(6) Monument or tombstone benefits to the memory of deceased members;

(7) Any other benefit that may be provided by a life insurer and that is not inconsistent with this chapter, if the provision of that benefit has received the prior approval of the superintendent of insurance.

(B) A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits set forth in division (A) of this section, consistent with providing benefits to members and their dependents. A society may, upon application of an adult member, provide benefits on the lives of children under the minimum age for adult membership.
Notes of Decisions
Cited in 2 cases, 1998–1998 · leading case: United Transp. Union Ins. v. Tracy, 695 N.E.2d 770 (Ohio 1998).
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United Transp. Union Ins. v. Tracy, 695 N.E.2d 770 (Ohio 1998). · cites it 3× “R.C. 3921.16. R.C. 3921.24 provides an exemption from certain taxes for fraternal benefit societies.”
United Transp. Union Ins. Assn. v. Tracy, 1998 Ohio 233 (Ohio 1998). · cites it 3× “R.C. 3921.16. {¶ 6} R.C. 3921.24 provides an exemption from certain taxes for fraternal benefit societies.”
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