Ohio Code 4131.16 – Marine industry fund – collection of premiums – immunity
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(A) The collection of premiums, the administration and investment of the marine industry fund, and the payment of benefits therefrom shall not create any liability upon the state.
Terms Used In Ohio Code 4131.16
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- state: means the state of Ohio. See Ohio Code 1.59
(B) Except for a gross abuse of discretion, the industrial commission and the individual members thereof, the bureau of workers’ compensation board of directors and the individual members thereof, and the administrator of workers’ compensation shall not incur any obligation or liability respecting the collection of premiums, the administration or investment of the fund, or the payment of benefits therefrom.