Ohio HB751 extends the time for filing complaints regarding institutional violations of endowment agreements.

Ohio HB751 amends the Revised Code to extend the period for filing complaints by benefactors or benefactor representatives when an institution violates an endowment agreement. The bill allows for an automatic extension of 210 days for filing such complaints. It specifies that these provisions apply to endowment funds established after the effective date of the bill and to certain pre-existing funds. The bill also repeals existing sections of the Revised Code and includes definitions for key terms such as "benefactor," "benefactor representative," and "endowment agreement.

Ohio HB751 extends the time for filing complaints regarding institutional violations of endowment agreements.

Ohio HB751 amends the Revised Code to extend the period for filing complaints by benefactors or benefactor representatives when an institution violates an endowment agreement. The bill allows for an automatic extension of 210 days for filing such complaints. It specifies that these provisions apply to endowment funds established after the effective date of the bill and to certain pre-existing funds. The bill also repeals existing sections of the Revised Code and includes definitions for key terms such as "benefactor," "benefactor representative," and "endowment agreement.