| LOCAL RULE 67.1 |
MINOR SETTLEMENT/NET PROCEEDS LESS THAN TWENTY
FIVE THOUSAND DOLLARS |
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Unless otherwise provided for by Order of
the Court, an applicant for release of assets pursuant to
Section 2111.05 of the Ohio Revised Code shall:
-
File an application for release of
assets without appointment of a guardian. Upon approval
of the application, the Order of Release shall state the
institution acting as depository, shall state that the
funds shall not be released until the ward reaches the
age of eighteen (18), or the ward's death, or until further
Order of the Court;
- Deposit funds in a bank or savings institution; and
-
File a report within fourteen (14)
days after deposit that the deposit was made with the
same restrictions on withdrawal as cited in the Order
of Release.
[Former Rule 37.1 amended and renumbered
as Rule 67.1, effective June 10, 1998; amended effective July
1, 2010.]
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