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OHIO BUR. OF WORKERS' COMP. v. KEY BANK NATL. ASSN.

No. 00AP-404.

140 Ohio App.3d 698 (2000)

OHIO BUREAU OF WORKERS' COMPENSATION, Appellant, v. KEY BANK NATIONAL ASSOCIATION, Appellee.

Court of Appeals of Ohio, Tenth District, Franklin County.

Decided December 26, 2000.

Attorney(s) appearing for the Case

Carlile, Patchen & Murphy, Michael H. Igoe and David M. Karr, Special Counsel, for appellant.

Thompson, Hine & Flory, L.L.P., and John T. Sunderland, for appellee.

PETREE, Judge.

On October 1, 1986, Doehler-Jarvis Division of Farley Metals, Inc. ("Farley"), a self-insured employer under Ohio's workers' compensation system, opened a $1.375 million, twelve-month certificate of deposit ("CD") with The Toledo Trust Company, defendant Key Bank's predecessor in interest.1 The CD was nonrenewable and bore the designations "nonnegotiable" and "not-transferable...

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