The state, the governor, or a member of the authority is not liable in damages to any person in a civil action for any loss incurred as a result of any investment made by a program administrator or fund manager employed by the program administrator.

Terms Used In Ohio Code 150.09

  • Authority: means the Ohio venture capital authority created under section 150. See Ohio Code 150.01
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Loss: means a loss incurred with respect to a lender's loan to the program fund. See Ohio Code 150.01
  • Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
  • state: means the state of Ohio. See Ohio Code 1.59

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