Ohio Code § 4123.30
Ohio Code § 4123.30. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 4123.30.
Money contributed by public employers constitutes the “ public fund ” and the money contributed by private employers constitutes the “ private fund .” Each such fund shall be collected, distributed, and its solvency maintained without
regard to or reliance upon the other. Whenever in this chapter reference is made to the state insurance fund, the reference
is to such two separate funds but such two separate funds and the net premiums contributed
thereto by employers after adjustments and dividends, except for the amount thereof
which is set aside for the investigation and prevention of industrial accidents and
diseases pursuant to Section 35 of Article II, Ohio Constitution , any amounts set aside for actuarial services authorized or required by sections 4123.44 and 4123.47 of the Revised Code , and any amounts set aside to reinsure the liability of the respective insurance
funds for the following payments, constitute a trust fund for the benefit of employers
and employees mentioned in sections 4123.01 , 4123.03 , and 4123.73 of the Revised Code for the payment of compensation, medical services, examinations, recommendations
and determinations, nursing and hospital services, medicine, rehabilitation, death
benefits, funeral expenses, and like benefits for loss sustained on account of injury,
disease, or death provided for by this chapter, the administrative costs of the industrial
commission, bureau of workers' compensation board of directors, and bureau of workers'
compensation to administer Chapters 4121., 4123., 4125., 4127., 4133., and 4167. of
the Revised Code pursuant to section 4123.342 of the Revised Code , and for no other purpose. This section does not prevent the deposit or investment of all such moneys intermingled
for such purpose but such funds shall be separate and distinct for all other purposes,
and the rights and duties created in this chapter shall be construed to have been
made with respect to two separate funds and so as to maintain and continue such funds
separately except for deposit or investment. Disbursements shall not be made on account of injury, disease, or death of employees
of employers who contribute to one of such funds unless the moneys to the credit of
such fund are sufficient therefor and no such disbursements shall be made for moneys
or credits paid or credited to the other fund.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 4123.30
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
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The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 4123.30 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 4123.30 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
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