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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 5816.11 | Trust advisors; eligibility; default fiduciary status.

Ohio Revised Code
/
Title 58 Trusts
/
Chapter 5816 Ohio Legacy Trust Act
 
Effective:
March 27, 2013
Latest Legislation:
House Bill 479 - 129th General Assembly
PDF:
Download Authenticated PDF
 

(A) Any person may serve as an advisor of a legacy trust except that a transferor may act as an advisor only in connection with investment decisions.

(B) An advisor shall be considered a fiduciary unless the terms of a legacy trust instrument expressly provide otherwise.

Available Versions of this Section