Ohio § 4115.101 Prevailing wage custodial fund

Ohio Statutes

§ 4115.101 — Prevailing wage custodial fund

Ohio § 4115.101

Title 41Labor and Industry

Ch. 4115Wages And Hours On Public Works

This text of Ohio § 4115.101 (Prevailing wage custodial fund) 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. § 4115.101 (2026).

Text

There is hereby created the prevailing wage  custodial fund, which shall be in the custody of the treasurer of  state but shall not be part of the state treasury. The director of  commerce shall deposit to the fund all money paid by employers to  the director that are held in trust for employees to whom  prevailing wages are due and owing. The director shall make  disbursements from the fund in accordance with this chapter to  employees affected by violations of this chapter. If the director  determines that any funds in the prevailing wage custodial fund  are not returnable to employees as required under this section,  then the director shall certify to the treasurer of state the  amount of the funds that are not returnable. Upon the receipt of a  certification from the director in accord

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There is hereby created the prevailing wage custodial fund, which shall be in the custody of the treasurer of state but shall not be part of the state treasury. The director of commerce shall deposit to the fund all money paid by employers to the director that are held in trust for employees to whom prevailing wages are due and owing. The director shall make disbursements from the fund in accordance with this chapter to employees affected by violations of this chapter. If the director determines that any funds in the prevailing wage custodial fund are not returnable to employees as required under this section, then the director shall certify to the treasurer of state the amount of the funds that are not returnable. Upon the receipt of a certification from the director in accordance with this section, the treasurer of state shall transfer the certified amount of the funds from the prevailing wage custodial fund to the industrial compliance operating fund.