Ohio Rev. Code § 109.113

Current with legislation from 2024 received as of March 20, 2024.
Section 109.113 - [Effective 1/1/2025] Large settlements and awards fund
(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.

R.C. § 109.113

Added by 135th General Assembly File No. TBD, HB 101,§101.01, eff. 1/1/2025.