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Current as of January 01, 2024 | Updated by Findlaw Staff
Before a dividend provided for in section 1313.48 of 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.
Cite this article: FindLaw.com - Ohio Revised Code Title XIII. Commercial Transactions § 1313.50 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xiii-commercial-transactions/oh-rev-code-sect-1313-50/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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