Ohio § 1313.50 Commissions of assignees

Ohio Statutes

§ 1313.50 — Commissions of assignees

Ohio § 1313.50

Title 13Commercial Transactions

Ch. 1313Voluntary Assignments

This text of Ohio § 1313.50 (Commissions of assignees) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1313.50 (2026).

Text

Before a dividend provided for in section1313.48of the Revised Code is declared, the assignee or trustee for the benefit of creditors may be allowed the following commission upon the amount of the personal estate collected and accounted for by him, and of the proceeds of the real property sold under an order of court for the payment of debts, which must be received in full compensation of all his ordinary services:

(A)For the first thousand dollars, at the rate of six per cent;

(B)For all above one thousand dollars and not exceeding five thousand dollars, at the rate of four per cent;

(C)For all above five thousand dollars, at the rate of two per cent.

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Before a dividend provided for in section1313.48of the Revised Code is declared, the assignee or trustee for the benefit of creditors may be allowed the following commission upon the amount of the personal estate collected and accounted for by him, and of the proceeds of the real property sold under an order of court for the payment of debts, which must be received in full compensation of all his ordinary services:

(A) For the first thousand dollars, at the rate of six per cent;

(B) For all above one thousand dollars and not exceeding five thousand dollars, at the rate of four per cent;

(C) For all above five thousand dollars, at the rate of two per cent.