Ohio Rev. Code § 143.07

This is the official text of Ohio Rev. Code § 143.07, part of Ohio’s Ohio Revised Code — the complete compiled statutory law of Ohio, organized into 40+ numbered titles by subject.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

§ 143.07. Basic capital account; contributions

Official statutory text

March 23, 2016 Senate Bill 11 - 131st General Assembly The total of all initial premiums collected by the treasurer of state under section 143.06 of the Revised Code is the basic capital account of the volunteer peace officers' dependents fund. No further contributions are required of fund members until claims against the fund have reduced it to ninety-five per cent or less of its basic capital account. In that event, the director of commerce shall cause the following assessments, based on current property valuation, to be made and certified to the legislative authority of each member of the fund: (A) Each member with an assessed property valuation of less than seven million dollars, ninety dollars; (B) Each member with an assessed property valuation of seven million dollars but less than fourteen million dollars, one hundred five dollars; (C) Each member with an assessed property valuation of fourteen million dollars but less than twenty-one million dollars, one hundred twenty dollars; (D) Each member with an assessed property valuation of twenty-one million dollars but less than twenty-eight million dollars, one hundred thirty-five dollars; (E) Each member with an assessed property valuation of twenty-eight million dollars or more, one hundred fifty dollars.

Status: in_force · Read it on the official government site

Need a lawyer in Ohio?

Find a Ohio lawyer
About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.