143.091 Initial premiums; determination of sufficiency.

(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.

Cite as R.C. § 143.091

Added by 131st General Assembly File No. TBD, HB 305, §1, eff. 9/28/2016.