Ohio § 4123.30

§ 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.