Effective: March 17, 1989
Latest Legislation: House Bill 701 - 117th General Assembly
The total of all initial premiums collected by the treasurer of state under section 146.07 of the Revised Code is the basic capital account of the volunteer fire fighters' dependents fund, and no further contributions are required of its members until such time as claims against the fund have reduced it to ninety-five per cent or less of its basic capital account. In such event, the state fire marshal shall cause the following assessments, based on current valuation, to be made and certified to the legislative body of each member of the fund having a volunteer fire department or employing volunteer fire fighters:
(A) For a member with an assessed property valuation of less than seven million dollars, ninety dollars;
(B) For a member with an assessed property valuation of seven million dollars but less than fourteen million dollars, one hundred five dollars;
(C) For a member with an assessed property valuation of fourteen million dollars but less than twenty-one million dollars, one hundred twenty dollars;
(D) For a member with an assessed property valuation of twenty-one million dollars but less than twenty-eight million dollars, one hundred thirty-five dollars;
(E) For a member with an assessed property valuation of twenty-eight million dollars or more, one hundred fifty dollars.
Every private volunteer fire company which is a member of the fund shall be assessed one hundred fifty dollars.
Structure Ohio Revised Code
Chapter 146 | Volunteer Fire Fighters' Dependents Fund
Section 146.01 | Volunteer Fire Fighters' Dependents Fund Definitions.
Section 146.02 | Volunteer Fire Fighters' Dependents Fund Board.
Section 146.03 | Members - Vacancies.
Section 146.04 | Board Election and Term.
Section 146.05 | Organization of Board.
Section 146.06 | Compensation - Expenses - Legal Advisor.
Section 146.07 | Volunteer Fire Fighters' Dependents Fund.
Section 146.08 | Failure to Pay Premium.
Section 146.09 | Certification of Assessment.
Section 146.10 | Collecting Assessment.
Section 146.13 | Benefits Not Liable to Attachment.
Section 146.14 | Claims for Benefits.
Section 146.15 | Filing Initial Claims.
Section 146.16 | Certifying Claims for Payment.
Section 146.17 | Denying Claims.
Section 146.18 | Assuming Obligations of Fire Fighters' Indemnity Boards.