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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 4123.324 | Waiver or reduction of experience transfer.

Ohio Revised Code
/
Title 41 Labor and Industry
/
Chapter 4123 Workers' Compensation
 
Effective:
March 23, 2016
Latest Legislation:
House Bill 259 - 131st General Assembly
PDF:
Download Authenticated PDF
 

(A) The administrator of workers' compensation shall adopt rules, for the purpose of encouraging economic development, that establish conditions under which any negative experience to be transferred to the account of an employer who is successor in interest under division (B) of section 4123.32 of the Revised Code may be reduced or waived.

(B) The administrator, in adopting rules under division (A) of this section, may not permit a waiver or reduction in experience transfer if the succession transaction is entered into for the purpose of escaping obligations under this chapter or Chapter 4121., 4127., or 4131. of the Revised Code.

Available Versions of this Section