2006 Ohio Revised Code - 1739.17. Fiduciary status of trustee, officer or administrator.
§ 1739.17. Fiduciary status of trustee, officer or administrator.
A trustee, officer, or third-party administrator of a multiple employer welfare arrangement operating a group self-insurance program that receives, collects, disburses, or invests money in connection with the activities of the arrangement is a fiduciary as defined in the "Employee Retirement Income Security Act of 1974," 88 Stat. 829, 29 U.S.C.A. 1001, as amended.
HISTORY: 144 v H 689. Eff 4-9-93.
Not analogous to former RC § 1739.17 (136 v H 137; 138 v H 45), repealed 142 v S 124, § 2, eff 10-1-87.
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