Ohio Code 5168.82 – Waiver required
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The franchise fee shall not be imposed on any health insuring corporation plan unless there is in effect a waiver authorizing the franchise fee issued by the United States secretary of health and human services pursuant to section 1903(w)(3)(E) of the “Social Security Act,” 42 U.S.C. § 1396b(w)(3)(E).
Terms Used In Ohio Code 5168.82
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- United States: includes all the states. See Ohio Code 1.59