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Ohio Rev. Code Ann. § 143.091

Initial premiums; determination of sufficiency

Effective: September 28, 2016; Latest Legislation: House Bill 305 - 131st General Assembly

(A) The director of commerce shall determine whether initial premiums paid by fund members under section 143.06 of the Revised Code are sufficient for death benefits to be paid from the volunteer peace officers' dependents fund to the individuals described in division (B)(1)(b) of section 143.09 of the Revised Code.

(B) If the director determines that initial premiums are sufficient and that no additional assessments described in section 143.07 of the Revised Code are necessary to fund the benefits, benefits shall be paid from the fund in accordance with division (B)(2) of section 143.09 of the Revised Code to those individuals.

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.