Ohio Revised Code Search
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Section 5808.09 | Taking control and protection of property.
...A trustee shall take reasonable steps to take control of and protect the trust property. |
Section 5808.10 | Adequate records of administration.
...ll keep adequate records of the administration of the trust. (B) A trustee shall keep trust property separate from the trustee's own property. (C) Except as otherwise provided in division (D) of this section and in section 2131.21 of the Revised Code, a trustee not subject to federal or state banking regulation shall cause the trust property to be designated so that the interest of the trust, to the extent feasible... |
Section 5808.11 | Enforcement and defense of claims.
...A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust. |
Section 5808.12 | Collection of trust property - successor trustees.
...sor trustee with respect to the administration of the trust by a prior trustee shall be governed by section 5815.24 of the Revised Code. |
Section 5808.13 | Keeping beneficiaries informed - requests - required reports.
... reasonably informed about the administration of the trust and of the material facts necessary for them to protect their interests. Unless unreasonable under the circumstances, a trustee shall promptly respond to a beneficiary's request for information related to the administration of the trust. (B) A trustee shall do all of the following: (1) Upon the request of a beneficiary, promptly furnish to the benefi... |
Section 5808.14 | Judicial standard of review for discretionary trusts.
...(A) The judicial standard of review for discretionary trusts is that the trustee shall exercise a discretionary power reasonably, in good faith, and in accordance with the terms and purposes of the trust and the interests of the beneficiaries, except that with respect to distribution decisions a reasonableness standard shall not be applied to the exercise of discretion by the trustee of a wholly discretionary t... |
Section 5808.15 | General powers of trustee.
...(A) A trustee, without authorization by the court, may exercise powers conferred by the terms of the trust and, except as limited by the terms of the trust, may exercise all of the following powers: (1) All powers over the trust property that an unmarried competent owner has over individually owned property; (2) Any other powers appropriate to achieve the proper investment, management, and distribution of the trust... |
Section 5808.16 | Specific powers of trustee.
...period within or extending beyond the duration of the trust; (F) With respect to an interest in a proprietorship, partnership, limited liability company, business trust, corporation, or other form of business or enterprise, continue the business or other enterprise and take any action that may be taken by shareholders, members, or property owners, including merging, dissolving, or otherwise changing the form of busi... |
Section 5808.17 | Powers and duties of trustee on termination; protection from liability.
...ceive the distribution, and an administration of the beneficiary's estate is open, the trustee shall make the distribution to the personal representative of the beneficiary's estate. If a beneficiary who was entitled to receive a distribution is deceased, the beneficiary's death did not terminate the beneficiary's right to receive the distribution, and an administration of the beneficiary's estate is not open, ... |
Section 5808.19 | Anti-lapse provisions; survivorship with respect to future interests; substitute gifts.
...import that includes more than one generation, a substitute gift is created in the surviving descendants of the deceased beneficiary or beneficiaries. The property to which the beneficiaries would have been entitled had all of them survived the distribution date by at least one hundred twenty hours passes to the surviving beneficiaries and the surviving descendants of the deceased beneficiaries. Each surviving benef... |
Section 701.01 | General provisions definitions.
... (A) "Person" includes a private corporation. (B) "Writing" includes printing. (C) "Oath" includes affirmation. (D) "Property" includes real, personal, and mixed estates and interests. (E) "Land" and "real estate" include rights and easements of an incorporeal nature. (F) "Plan of sewerage," "system of sewerage," "sewer," and "sewers" include sewers, sewage disposal works and treatment plants, and sewage p... |
Section 701.03 | Right of visitation.
...slative authority of the municipal corporation, by a committee; the mayor or the board of health of a municipal corporation; the judge of any court of this state; the grand jury of the county; or a duly authorized representative of the governor may at any time visit and inspect any of the benevolent or correctional institutions established by a municipal corporation, and examine the books and accounts thereof. |
Section 701.05 | Authority of municipal corporations.
...Municipal corporations operating under a charter which provides for or authorizes a method of procedure in the passage and publication of legislation, the making of improvements, and the levying of assessments differing from the method prescribed by general law, may pass and publish such legislation, make such improvements, and levy such assessments under the general law or in accordance with the procedure provided f... |
Section 701.06 | Validating previous proceedings.
...ngs taken by any charter municipal corporation prior to April 16, 1925, which would have been valid if this section and section 701.05 of the Revised Code had been in effect at the time, shall be legal and valid legislative steps, improvements, and assessments. All notes or bonds issued or authorized by any such charter municipal corporation prior to such date, which have been or will be sold for not less than par an... |
Section 701.07 | Cooperative economic development agreements.
...authority of one or more municipal corporations, by ordinance or resolution, and the board of township trustees of one or more townships, by resolution, may enter into a cooperative economic development agreement under this section. The board of county commissioners of one or more counties may become a party to a cooperative economic development agreement upon the written consent of the legislative authority of each ... |
Section 701.10 | Unpaid charges for collection or disposal services.
...gislative authority of a municipal corporation that has established a rate or charge, payable to the municipal corporation, for the provision of collection or disposal services for garbage, ashes, animal and vegetable refuse, dead animals, or animal offal may certify to the county auditor, by ordinance, the amount of the rate or charge that has not been paid in accordance with applicable requirements by a person usin... |
Section 703.01 | Classification - federal census.
...(A) Municipal corporations, which, at the last federal census, had a population of five thousand or more, or five thousand registered resident electors or resident voters as provided in section 703.011 of the Revised Code, are cities. All other municipal corporations are villages. Cities, which, at any federal census, have a population of less than five thousand, shall become villages. Villages, which, at any federal... |
Section 703.011 | Village with more than 5,000 electors becomes city.
...ining classifications of municipal corporations set out in section 703.01 of the Revised Code, villages, which at the most recent general election had more than five thousand resident electors registered with the board of elections of the county in which the village is situated or, when more than five thousand resident electors have voted at the most recent general election, in such village, shall become cities. In s... |
Section 703.02 | Enumeration after census.
...direct the city auditor to make an enumeration as provided in sections 703.03 to 703.05, inclusive, of the Revised Code. |
Section 703.03 | Report of result of enumeration.
...e, the city auditor shall cause an enumeration of the population of the city to be taken and shall report the results thereof to the legislative authority of the city and to the secretary of state. |
Section 703.04 | Appointment of enumerators - compensation - duties.
...he time he is directed to cause an enumeration to be taken as provided in section 703.02 of the Revised Code, the city auditor shall appoint five persons to make the enumeration. The enumerators may be paid an amount necessary to assure competent personnel, but in no event shall the amount paid exceed ten dollars per day. Each person so appointed shall take an oath or affirmation to make such enumeration accurately a... |
Section 703.05 | Time for completion - oath of enumerators.
...the enumerators shall complete the enumeration and return their books to the city auditor. With the return of the enumeration to the auditor, each enumerator shall certify with his affidavit that he has taken the census accurately and truly to the best of his knowledge and belief and such lists contain only the names of persons who were residents of such city at the time the said names were placed on the lists. Any ... |
Section 703.06 | Proclamation of population.
...result of any federal census or an enumeration as provided in sections 703.02 to 703.05, inclusive, of the Revised Code, is officially made known to the secretary of state, he forthwith shall issue a proclamation, stating the names of all municipal corporations having a population of five thousand or more, and the names of all municipal corporations having a population of less than five thousand, together with the po... |
Section 703.07 | Status of city or village officers.
...oper officers of the new municipal corporation at the regular municipal election, and the ordinances thereof not inconsistent with the laws relating to the new municipal corporation shall continue in force until changed or repealed. |
Section 703.08 | Reduction to village by action of citizens.
...A city, from which territory has been detached since the last federal census, may surrender its corporate rights as such city and be reduced to a village in the manner provided by sections 703.09 to 703.19, inclusive, of the Revised Code. |