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Ohio Rev. Code Ann. § 109.113

Large settlements and awards fund

Effective: January 1, 2025; Latest Legislation: House Bill 101 - 135th General Assembly

(A) The large settlements and awards fund is created in the state treasury.

(B) The fund shall consist of:

(1) The proceeds of an award, adjudication, settlement, or compromise of claims collected or received by the office of the attorney general under division (B)(2) of section 109.112 of the Revised Code;

(2) Investment earnings on money in the fund.

(C) Pursuant to Ohio Constitution, Article II, Section 22, a specific appropriation shall be made by law before any money may be drawn from this fund.

(D) Appropriations made from this fund shall be consistent with applicable federal or state law.

Last updated January 9, 2025 at 9:00 AM

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.