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.
Structure Ohio Revised Code
Chapter 143 | Volunteer Peace Officers Dependents
Section 143.02 | Volunteer Peace Officers Dependents Fund.
Section 143.03 | Volunteer Peace Officers' Dependents Fund Board.
Section 143.05 | Legal Advisor.
Section 143.06 | Maintenance of Fund; Initial Premiums.
Section 143.07 | Basic Capital Account; Contributions.
Section 143.08 | Failure to Pay Premium.
Section 143.091 | Initial Premiums; Determination of Sufficiency.