Ohio Revised Code Search
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Section 5119.51 | Services fund for individuals with mental illness.
.... On the death of the beneficiary of a trust created pursuant to section 5815.28 of the Revised Code, the portion of the remaining assets of the trust specified in the trust instrument shall be deposited to the credit of the fund. Money credited to the fund shall be used for individuals with mental illness. Supplemental services may be provided through the department or boards of alcohol, drug addiction, and m... |
Section 5123.40 | Services fund for individuals with developmental disabilities.
...s. On the death of the beneficiary of a trust created pursuant to section 5815.28 of the Revised Code, the portion of the remaining assets of the trust specified in the trust instrument shall be deposited to the credit of the fund. Money credited to the fund shall be used for individuals with developmental disabilities. In accordance with Chapter 119. of the Revised Code, the department of developmental disabilities... |
Section 5164.56 | Lien for amount owed by provider.
...f one dollar for services and a housing trust fund fee of one dollar pursuant to section 317.36 of the Revised Code. In the event of a distribution of the provider's assets pursuant to an order of any court under the law of this state including any receivership, assignment for benefit of creditors, adjudicated insolvency, or similar proceedings, amounts then or thereafter due the state under the medicaid progra... |
Section 5301.03 | Grantee as trustee or agent.
..."Trustees," "as trustee," or "agent," or words of similar import, following the name grantee in any deed of conveyance or mortgage of land executed and recorded, without other language showing a trust or expressly limiting the grantee's or mortgagee's powers, or for whose benefit the same is made, or other recorded instrument showing such trust and its terms, do not give notice to or put upon inquiry any person deali... |
Section 5301.256 | Registry of persons prohibited from acquiring agricultural land.
...uals; (b) Firms, companies, business trusts, estates, trusts, sole proprietorships, partnerships, general partnerships, limited liability companies, associations, corporations, and any other business entities; (c) Governments other than the government of the United States, its states, subdivisions, territories, or possessions; (d) Legal or commercial entities, organizations, joint ventures, and nonprofits. ... |
Section 5302.22 | Transfer on death deed form.
... solely in that person's capacity as a trustee of a trust has died, has resigned, or otherwise has been replaced by a successor trustee of the trust on the date of death of the deceased owner, the successor trustee of the trust shall be considered the transfer on death beneficiary or contingent transfer on death beneficiary in existence on the date of death of the deceased owner in full compliance with this di... |
Section 5303.21 | Sale of entailed and other estates.
...tee, or devisee, or in an action by the trustee or beneficiaries, if the estate is held in trust, courts of common pleas may, subject to division (B) of this section, authorize the sale of any estate, whether it was created by will, deed, or contract, or came by descent, when satisfied that such sale would be for the benefit of the person holding the first and present estate, interest, or use, and do no substantial i... |
Section 5309.34 | Transferee of registered land not on notice or inquiry.
...al or constructive, of any unregistered trust, lien, claim, demand, or interest. The knowledge that any unregistered trust, lien, claim, demand, or interest is in existence shall not of itself be imputed to such transferee as fraud. No unregistered estate, interest, power, right, claim, contract, or trust shall prevail against the title of a registered owner taken bona fide for valuable consideration or of any perso... |
Section 5309.35 | Record of trusts and exceptional estates in registered land.
...egistered land, which create or declare trusts, or contain unusual or exceptional covenants, restrictions, or conditions, or create unusual or exceptional interests, may, upon the demand of a party in interest and the payment of the proper fees, be recorded by the county recorder in books to be kept for that purpose in his office and known as the "record of trusts and exceptional estates in registered land." The num... |
Section 5311.25 | Required provisions for condominium instruments.
...ium ownership interest shall be held in trust or escrow until delivered at settlement, returned to or otherwise credited to the purchaser, or forfeited to the developer. If a deposit or down payment of more than two thousand dollars is held for more than ninety days and is not withdrawn pursuant to division (A)(2) of this section, interest at a rate equal to the prevailing rate payable by federally insured financ... |
Section 5593.10 | Issuance of bridge revenue bonds.
...d interest, which may be at any bank or trust company within or without the state. The bonds shall be signed by the chairman and vice-chairman of the commission or by their facsimile signatures, the official seal of the commission shall be affixed thereto and attested by the secretary-treasurer of the commission, and any coupons attached thereto shall bear the facsimile signature of the chairman and vice-chairman ... |
Section 5715.19 | Complaint against valuation or assessment - determination of complaint - tender of tax - determination of common level of assessment.
...unty commissioners, a board of township trustees of any township with territory in the county, the board of education of any school district with territory in the county, or the legislative authority of a municipal corporation with territory in the county. "Original complaint" means a complaint filed under division (A) of this section. "Counter-complaint" means a complaint filed under division (B) of this section... |
Section 5747.40 | Definitions relating to qualified pass-through entities.
...ear of the pass-through entity, or to a trust if all of the beneficiaries of the trust are resident taxpayers for the purposes of this chapter for the entire qualifying taxable year of the trust. |
Section 5747.41 | Withholding tax on qualifying pass-through entity or trust having individual qualifying investor or beneficiary.
...s an individual and on every qualifying trust having at least one qualifying beneficiary who is an individual. The withholding tax imposed by this section is imposed on the sum of the adjusted qualifying amounts of a qualifying pass-through entity's qualifying investors who are individuals and on the sum of the adjusted qualifying amounts of a qualifying trust's qualifying beneficiaries, at a rate equal to the tax ra... |
Section 5801.21 | Concluding trustee's administration of irrevocable trust.
...(A) A trustee may, but is not required to, use the process prescribed in sections 5801.22 and 5801.23 of the Revised Code, as applicable, when concluding the trustee's administration of an irrevocable trust. (B) Sections 5801.20 to 5801.24 of the Revised Code do not apply to a testamentary trust subject to the supervision of a probate court. (C) Except as otherwise provided in the Revised Code or other applicab... |
Section 5804.06 | Trust induced by fraud, duress, or undue influence void.
...A trust is void to the extent its creation was induced by fraud, duress, or undue influence. As used in this section, "fraud," "duress," and "undue influence" have the same meanings for trust validity purposes as they have for purposes of determining the validity of a will. |
Section 5804.07 | Written instrument not required.
...s 5801. to 5811. of the Revised Code, a trust is not required to be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence. |
Section 5805.05 | Attachment of mandatory distributions absent spendthrift provision.
...(A) To the extent that a trust that gives a beneficiary the right to receive one or more mandatory distributions does not contain a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to attach present or future mandatory distributions to or for the benefit of the beneficiary or to reach the beneficiary's interest by other means. The court may limit an award under this section to ... |
Section 5807.02 | Bond of trustee.
...(A) A trustee shall give bond to secure performance of the trustee's duties only if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with the requirement. (B) The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time. ... |
Section 5807.07 | Powers and duties of removed or resigned trustee.
...(A) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property. (B) A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee... |
Section 5808.12 | Collection of trust property - successor trustees.
...A trustee shall take reasonable steps to collect trust property held by third persons. The responsibility of a successor 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 5812.24 | Principal receipts.
...A trustee shall allocate to principal all of the following: (A) To the extent not allocated to income under sections 5812.01 to 5812.52 of the Revised Code, assets received from a transferor during the transferor's lifetime, a decedent's estate, a trust with a terminating income interest, or a payer under a contract naming the trust or its trustee as beneficiary; (B) Money or other property received from the sale,... |
Section 5812.27 | Insurance policies and similar contracts.
...ided in division (B) of this section, a trustee shall allocate to principal the proceeds of a life insurance policy or other contract in which the trust or its trustee is named as beneficiary, including a contract that insures the trust or its trustee against loss for damage to, destruction of, or loss of title to a trust asset. The trustee shall allocate dividends on an insurance policy to income if the premiums on ... |
Section 5812.34 | Minerals, water and other natural resources.
...(A) To the extent that a trustee accounts for receipts from an interest in minerals or other natural resources pursuant to this section, the trustee shall allocate the receipts in accordance with all of the following: (1) If received as nominal delay rental or nominal annual rent on a lease, a receipt shall be allocated to income. (2) If received from a production payment, a receipt shall be allocated to income if ... |
Section 5812.36 | Property not productive of income.
...duction is allowed for all or part of a trust whose assets consist substantially of property that does not provide the spouse with sufficient income from or use of the trust assets, and if the amounts that the trustee transfers from principal to income under section 5812.03 of the Revised Code and distributes to the spouse from principal pursuant to the terms of the trust are insufficient to provide the spouse with ... |
Section 5812.46 | Income taxes.
...(A) A tax required to be paid by a trustee based on receipts allocated to income shall be paid from income. (B) A tax required to be paid by a trustee based on receipts allocated to principal shall be paid from principal, even if the tax is called an income tax by the taxing authority. (C) A tax required to be paid by a trustee on the trust's share of an entity's taxable income shall be paid as follows: (1) From i... |
Section 5812.52 | Application to existing trusts and estates.
...2.51 of the Revised Code apply to every trust or decedent's estate existing on January 1, 2003, except as otherwise expressly provided in the will or terms of the trust or in sections 5812.01 to 5812.51 of the Revised Code. |
Section 5815.09 | Deposit in name of two or more trustees - checks.
...k in the name of two or more persons as trustees and a check is drawn upon the trust account by any trustee authorized to do so by the other, neither the payee or other holder nor the bank is bound to inquire whether it is a breach of trust to authorize the trustee to draw checks upon the trust account and neither is liable unless the circumstances are such that the action of the payee or other holder or the bank amo... |
Section 5816.11 | Trust advisors; eligibility; default fiduciary status.
...on 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. |
Section 6111.036 | Water pollution control loan fund.
...on, moneys in the fund shall be held in trust by the Ohio water development authority for the purposes of this section, shall be kept in the same manner that funds of the authority are kept under section 6121.11 of the Revised Code, and may be invested in the same manner that funds of the authority are invested under section 6121.12 of the Revised Code. No withdrawals or disbursements shall be made from the water pol... |
Section 6119.06 | Rights, powers, and duties of trustees of district.
...and upon the qualifying of its board of trustees and the election of a president and a secretary, said district shall exercise in its own name all the rights, powers, and duties vested in it by Chapter 6119. of the Revised Code, and, subject to such reservations, limitations and qualifications as are set forth in this chapter, such district may: (A) Adopt bylaws for the regulation of its affairs, the conduct of its... |
Section 6119.12 | Water resource revenue bonds and notes.
...ount as, in the opinion of the board of trustees of the district, are necessary for the purpose of paying any part of the cost of one or more water resource projects or parts thereof. The district may, from time to time, issue renewal notes, issue bonds to pay such notes and, whenever it considers refunding expedient, refund any bonds by the issuance of water resource revenue refunding bonds of the district, whether ... |
Section 6121.04 | Powers of Ohio water development authority.
...ter development revenue bonds or in any trust agreement securing the same; (Q) Charge, alter, and collect rentals and other charges for the use or services of any water development project as provided in section 6121.13 of the Revised Code; (R) Provide coverage for its employees under Chapters 145., 4123., and 4141. of the Revised Code; (S) Assist in the implementation and administration of the drinking water a... |
Section 6121.06 | Water development revenue bonds and notes.
...hereof. Neither the resolution nor any trust agreement by which a pledge is created need be filed or recorded except in the records of the authority. Whether or not the bonds or notes are of such form and character as to be negotiable instruments, the bonds or notes shall have all the qualities and incidents of negotiable instruments, subject only to the provisions of the bonds or notes for registration. The ... |
Section 6123.06 | Revenue bonds and notes to fund development projects.
...thereof. Neither the resolution nor any trust agreement by which a pledge is created need be filed or recorded, except in the records of the authority. Whether or not the bonds or notes are of such form and character as to be negotiable instruments, they have all the qualities and incidents of negotiable instruments, subject only to the provisions of the bonds or notes for registration. The bonds and notes shall be... |
Section 746.02 | Sale of railway; submission to electors.
...(A)(1) A railway board of trustees may solicit or receive offers for, and sell, all or any portion of a railway in accordance with the provisions of this chapter. The board of trustees may approve and enter into a sale agreement by adopting a resolution that shall include the terms of the proposed sale, and the method that will be used to determine the minimum annual amount to be transmitted to the municipal corporat... |
Section 761.12 | Investment of moneys.
...uthorizing such revenue bonds or in any trust agreement securing such bonds, in excess of current needs, may be invested in notes, bonds, or other obligations of the United States. If the law or the instrument creating a trust pursuant to section 761.09 of the Revised Code expressly permits investment in direct obligations of the United States or an agency thereof, unless expressly prohibited by the instrument, such ... |
Section 761.13 | Action in event of default.
...authorizing its revenue bonds or of any trust agreement securing such bonds, which may include any appropriate action at law or in equity, enforcement or waiver of any provision of any lease. Notwithstanding any such action, the municipal corporation shall transfer from the fund created by section 761.11 of the Revised Code to the sinking fund or funds referred to in section 761.10 of the Revised Code amounts not gre... |
Section 901.30 | Application for and receipt of rural rehabilitation trust assets.
...o the "Rural Rehabilitation Corporation Trust Liquidation Act," 64 Stat. 98, 40 U.S.C.A. 440 et seq. (1950), the trust assets, either funds or property, held by the United States as trustee in behalf of the Ohio rural rehabilitation corporation. |
Section 1.59 | Statutory definitions.
...es an individual, corporation, business trust, estate, trust, partnership, and association. (D) "Population" means that shown by the most recent regular federal census. (E) "Property" means real and personal property. (F) "Rule" includes regulation. (G) "State," when applied to a part of the United States, includes any state, district, commonwealth, territory, insular possession thereof, and any area subject to t... |
Section 101.70 | Legislative lobbying definitions.
...son" means any individual, partnership, trust, estate, business trust, association, or corporation; any labor organization or manufacturer association; any department, commission, board, publicly supported college or university, division, institution, bureau, or other instrumentality of the state; or any county, township, municipal corporation, school district, or other political subdivision of the state. "Pers... |
Section 107.19 | Executive orders in violation of anti-trust laws.
...competitive and is in violation of anti-trust laws. Any such executive order shall be considered invalid and unenforceable. |
Section 107.25 | Tribal state gaming compacts.
... for an Indian tribe to place land into trust to be used for class I, class II, or class III gaming. (C) Each tribal-state compact approved under this section shall contain an expiration date, which shall be not later than ten years after the compact's effective date. (D) Each tribal-state compact approved under this section shall contain a binding agreement for the collection and payment of state and local sales, ... |
Section 109.28 | Inspection of register of charitable trusts.
... that any investigation of a chairtable trust shall not be open to public inspection. |
Section 109.29 | Courts to furnish information relating to charitable trusts.
...es of his office relating to charitable trusts as the attorney general may require. |
Section 1101.03 | Banks subject to chapters 1101 through 1127.
...ent , is serving as a fiduciary under a trust instrument, will, or other document executed before the effective date of this amendment ; (2) Any person who is named or nominated as a potential, prospective, or successor fiduciary in a trust instrument, will, or other document executed before the effective date of this amendment . (E) Both of the following apply to every savings bank and savings and loan association... |
Section 1109.22 | Total loans and extensions of credit to person outstanding at any one time.
...artnership; joint venture; association; trust; estate; business trust; corporation; government; agency, instrumentality, or political subdivision of a government; limited liability company; or any similar entity or organization. (B) Except as provided in divisions (C), (D), (E), and (F) of this section: (1) The total loans and extensions of credit by a state bank to a person outstanding at any one time and not full... |
Section 1112.09 | Transfer and assignment prohibited.
...A family trust company's license to engage in trust business in this state is not transferable or assignable. |
Section 1112.15 | Board meetings.
...he governing board of a licensed family trust company shall hold at least one regular meeting during each calendar quarter. At each of the quarterly meetings, the board, or an auditor selected by the board, shall thoroughly review the books, records, funds, and securities held by the family trust company. If the board selects an auditor, the auditor's findings shall be reported directly to the board. In lieu of the q... |
Section 1119.09 | Pledging assets.
... approved by the superintendent; (3) A trust company that maintains a trust service office in this state, if approved by the superintendent. (F) A custodian of assets pledged as required by this section shall do all of the following: (1) Hold the assets separate from all other assets of the pledging foreign bank and the custodian; (2) Segregate the assets pledged on the custodian's books and clearly identify them... |
Section 1121.16 | Prohibited acts; violations.
...(A) No state bank, trust company, or regulated person shall do any of the following: (1) Refuse to allow any examination authorized by section 1121.10 of the Revised Code; (2) Refuse to give information required by the division of financial institutions in the course of or in relation to an examination authorized by section 1121.10 of the Revised Code; (3) Provide false or misleading information in the course of o... |
Section 1121.39 | Notice served within 6 years of resignation, termination or separation.
...tion caused by the closing of a bank or trust company, shall not affect the jurisdiction and authority of the superintendent of financial institutions to issue any notice and proceed against the regulated person under section 1121.32, 1121.33, 1121.34, or 1121.35 of the Revised Code, if the notice is served in accordance with section 1121.37 of the Revised Code within six years after the date of the regulated person'... |
Section 113.55 | Ohio ABLE savings program trust fund.
...(A) The Ohio ABLE savings program trust fund is hereby created, which shall be in the custody of the treasurer of state but shall not be part of the state treasury. The fund shall be used if the treasurer of state elects to accept deposits from contributors rather than have deposits sent directly to a program manager. The fund shall consist of any moneys deposited by contributors in accordance with sections 113.50 to... |
Section 117.54 | Auditor of state investigation and forfeiture trust fund.
...r of state investigation and forfeiture trust fund. The fund shall consist of moneys received under sections 2981.13 and 2981.14 and division (B)(3) of section 2923.32 of the Revised Code, and the auditor of state shall use those moneys in accordance with those sections. Interest earned on moneys in the fund shall be credited to the fund. |
Section 118.20 | Authorizing debt obligations.
...l and separate bank account and held in trust and expended only for the object or purpose for which such debt obligations were issued. A copy of the ordinance or resolution authorizing the debt obligations shall be filed with such fiscal agent at or prior to the time the proceeds are made available to the municipal corporation, county, or township. No moneys shall be withdrawn from such account unless there is filed ... |
Section 118.21 | Rights and remedies of the holders of debt obligations.
...ch issue then outstanding may appoint a trustee to represent the holders of such debt obligations for the purposes herein provided. (B) Such trustee may, and upon written request of the holders of twenty-five per cent in principal amount of such debt obligations then outstanding shall, in the trustee's own name exercise all or any of the powers of any such holders under division (D) of this section and in addition m... |
Section 122.35 | Depositing receipts.
...22.30 to 122.36 of the Revised Code are trust funds to be held and applied solely as provided in those sections and section 166.03 of the Revised Code. All moneys, except when deposited with the treasurer of the state, shall be kept and secured in depositories as selected by the director of development services in the manner provided in sections 135.01 to 135.21 of the Revised Code, insofar as those sections ar... |
Section 122.54 | Direct loan program fund.
...edings authorizing such bonds or in the trust agreement securing such bonds, all grants, gifts, and contributions made to the director of development for such purpose, and all other moneys designated by him for the purpose of making loans or required to be used for such purpose by the provisions of any proceedings authorizing an issue of revenue bonds or trust agreement securing such bonds. All moneys received from r... |
Section 122.561 | Mortgage insurance fund.
...dings authorizing such bonds or in the trust agreements securing such bonds, for the purpose of insuring mortgage payments pursuant to section 122.451 of the Revised Code, all grants and contributions made to the director for such purpose, all moneys deposited or credited to the mortgage insurance fund pursuant to section 169.05 of the Revised Code, all other moneys and property designated by the director and b... |
Section 122.57 | Distributing income to separate sinking funds.
...in the proceedings authorizing and the trust agreements securing such bonds. The moneys therein in excess of the amounts required by the bond proceedings and trust agreements and all payments not so required to be paid into such sinking funds shall be retained or placed in such fund or in the other funds provided for by sections 122.35, 122.54, 122.42, 122.55, 122.56, 122.561, and 122.57 of the Revised Code a... |
Section 122.82 | Moneys, funds, properties, and assets held in trust.
...opment shall be held by the director in trust to carry out the director's powers and duties, shall be used as provided in sections 122.71 to 122.83 and 122.87 to 122.90 of the Revised Code, and shall at no time be part of other public funds. |
Section 126.11 | Coordination and approval of scheduling sales of certain obligations.
...ed structure and maturity schedule; the trust agreement and any supplemental agreements; and any credit enhancement facilities or interest rate hedges for the obligations; (b) For review and comment: the authorizing order or resolution; preliminary and final offering documents; method of sale; preliminary and final pricing information; and any written reports or recommendations of financial advisors or consultants r... |
Section 1303.08 | Identification of person to whom instrument is payable - UCC 3-110.
.... (2) If an instrument is payable to a trust, an estate, or a person described as trustee or representative of a trust or estate, the instrument is payable to the trustee, the representative, or a successor of either, whether or not the beneficiary or estate is also named. (3) If an instrument is payable to a person described as agent or similar representative of a named or identified person, the instrument is paya... |
Section 1306.01 | Definitions.
...ns an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, governmental agency, public corporation, or any other legal or commercial entity. (M) "Record" means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. (N) "Security procedure" means a procedure em... |
Section 1308.02 | Rules for determining whether certain obligations and interests are securities or financial assets - UCC 8-103.
...rest issued by a corporation, business trust, joint stock company, or similar entity is a security. (B) An "investment company security" is a security. "Investment company security" means a share or similar equity interest issued by an entity that is registered as an investment company under the federal investment company laws, an interest in a unit investment trust that is so registered, or a face-amount ce... |
Section 1311.34 | Laborers shall have lien upon real property of employer.
... the hands of an assignee, receiver, or trustee, claims due for labor performed within the period of three months prior to the time the assignee, receiver, or trustee is appointed, shall first be paid out of the trust fund, in preference to all other claims against the employer, except claims for taxes and the costs of administering the trust. |
Section 1313.12 | Settlement on resignation, removal, or death.
...esignation or removal of an assignee or trustee for the benefit of creditors, he shall file and settle his account without delay, and on the death of such assignee or trustee, his legal representative must file and settle such account without delay. Immediately after the settlement, the assignee or trustee, or his legal representative, shall pay over to his successor all moneys found due from him to the trust. On fai... |
Section 1315.11 | Conduct of activities through authorized delegate.
... licensee and shall be impressed with a trust for the benefit of the person from which the money or its equivalent is received. (2) If an authorized delegate or other person fails to comply with division (D)(1) of this section and commingles any money or its equivalent received for transmission by a licensee with any other funds or property owned or controlled by the authorized delegate or other person, all commingl... |
Section 1319.12 | Taking assignment of debts.
...following: (a) Any bank, including the trust department of a bank, trust company, savings and loan association, savings bank, credit union, or fiduciary as defined in section 5815.04 of the Revised Code, except those that own or operate a collection agency; (b) Any real estate broker or real estate salesperson, as defined in section 4735.01 of the Revised Code; (c) Any retail seller collecting its own accounts; (... |
Section 1321.51 | General Loan Law definitions.
...n individual, partnership, association, trust, corporation, or any other legal entity. (B) "Certificate" means a certificate of registration issued under sections 1321.51 to 1321.60 of the Revised Code. (C) "Registrant" means a person to whom one or more certificates of registration have been issued under sections 1321.51 to 1321.60 of the Revised Code. (D) "Principal amount" means the amount of cash paid to, or p... |
Section 1321.631 | Applicability of Consumer Installment Loan Act.
... United States as a bank, savings bank, trust company, savings and loan association, or credit union, or a subsidiary of any such entity, which subsidiary is regulated by a federal banking agency and is owned and controlled by such a depository institution; (M) Any credit transaction made by a life, property, or casualty insurance company licensed to do business in this state or any entity licensed under Title XXXIX... |
Section 133.01 | Uniform public securities law definitions.
...district, the secretary of the board of trustees; (5) A joint township hospital district, the treasurer of the district; (6) A joint ambulance district, the clerk of the board of trustees; (7) A joint recreation district, the person designated pursuant to section 755.15 of the Revised Code; (8) A detention facility district or a district organized under section 2151.65 of the Revised Code or a combined distri... |
Section 133.082 | Securities issued in anticipation of taxes collected.
...ents, including, but not limited to, trust agreements and other agreements and certifications, to provide for the pledge, protection, and disposition of the pledged revenues from which debt charges on the securities issued under this section are to be paid. (E) Anticipation securities issued under this section shall not be general obligations of the county. Anticipation securities issued under this... |
Section 1331.02 | Prohibition against issuing or owning trust certificates or entering into combination, contract, or agreement.
...No person shall issue or own trust certificates, and no person shall enter into a combination, contract, or agreement, the purpose and effect of which is to place the management or control of such combination, or the product or service thereof, in the hands of a trustee with the intent to limit or fix the price or lessen the production or sale of an article or service of commerce, use, or consumption, to prevent, res... |
Section 1334.01 | Business opportunity plan definitions.
...s an individual, corporation, business trust, estate, trust, limited or general partnership, association, or other business entity. (F) "Affiliated person" means a person who is described by any of the following: (1) Controls, is controlled by, or is under common control with, a seller; (2) Owns, controls, or holds, with the power to vote, ten per cent or more of the outstanding voting securities of a seller;... |
Section 1336.01 | Ohio uniform fraudulent transfer act definitions.
...nmental subdivision or agency, business trust, estate, trust, or any other legal or commercial entity. (J) "Property" means anything that may be the subject of ownership. (K) "Relative" means an individual related by consanguinity within the third degree as determined by the common law, a spouse, or an individual related to a spouse within the third degree as so determined, and includes an individual in an adoptive... |
Section 1337.22 | Definitions.
...s an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. (G) "Power of attorney" means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term pow... |
Section 1337.58 | Gifts.
...nefit of" a person includes a gift to a trust, an account under the Uniform Transfers to Minors Act, and a tuition savings account or prepaid tuition plan as defined under section 529 of the Internal Revenue Code of 1986, 26 U.S.C. 529. (B) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to gifts authorizes the agent to do only the follo... |
Section 1345.01 | Consumer sales practices definitions.
...nmental subdivision or agency, business trust, estate, trust, partnership, association, cooperative, or other legal entity. (C) "Supplier" means a seller, lessor, assignor, franchisor, or other person engaged in the business of effecting or soliciting consumer transactions, whether or not the person deals directly with the consumer. If the consumer transaction is in connection with a residential mortgage, "supplie... |
Section 1349.19 | Private disclosure of security breach of computerized personal information data.
...cated. (F)(1) A financial institution, trust company, or credit union or any affiliate of a financial institution, trust company, or credit union that is required by federal law, including, but not limited to, any federal statute, regulation, regulatory guidance, or other regulatory action, to notify its customers of an information security breach with respect to information about those customers and that is subject... |
Section 1349.21 | Disbursing from an escrow account.
...or (3) Are funds drawn on a special or trust bank account as described in division (A)(26) of section 4735.18 of the Revised Code. (B) The transfers or deposits described in division (A) of this section consist of any of the following: (1) Business checks drawn on special or trust bank accounts described in division (A)(26) of section 4735.18 of the Revised Code; (2) Cash, personal checks, business checks other t... |
Section 135.14 | Investing interim moneys of public subdivisions.
...ation itself. Any security, obligation, trust account, or other instrument that is created from an issue of the United States treasury or is created from an obligation of a federal agency or instrumentality or is created from both is considered a derivative instrument. An eligible investment described in this section with a variable interest rate payment, based upon a single interest payment or single index comprised... |
Section 135.181 | Optional pledging requirements.
... depository shall designate a qualified trustee and deposit with the trustee for safekeeping the eligible securities pledged pursuant to division (B) of this section. The institution shall give written notice of the qualified trustee to any treasurer or treasurers depositing public moneys for which such securities are pledged. The treasurer shall accept the written receipt of the trustee describing the pool of securi... |
Section 135.35 | County inactive moneys.
...ation itself. Any security, obligation, trust account, or other instrument that is created from an issue of the United States treasury or is created from an obligation of a federal agency or instrumentality or is created from both is considered a derivative instrument. An eligible investment described in this section with a variable interest rate payment, based upon a single interest payment or single index comprised... |
Section 135.62 | Linked deposit program definitions.
... a revocable or irrevocable inter vivos trust holding the title to a homestead occupied by the settlor as of right under the trust, or any other determination as made by the treasurer of state. (M) "Prevailing interest rate" means a current market interest rate selected by the treasurer of state that eligible lending institutions are willing to pay to hold deposits of the treasurer of state. (N) "Qualifying ado... |
Section 135.804 | Property tax payment linked deposit programs definitions.
...a revocable or irrevocable inter vivos trust holding the title to a homestead occupied by the settlor as of right under the trust. (E) "Housing cooperative" means a housing complex of at least two units that is owned and operated by a nonprofit corporation that issues a share of the corporation's stock to an individual, entitling the individual to live in a unit of the complex, and collects a monthly maintenan... |
Section 145.391 | Establishing and maintaining qualified governmental excess benefit arrangement.
...arrangement shall not be payable from a trust that is part of the system unless the trust is maintained solely for the purpose of providing such benefits. The board shall adopt rules to administer an arrangement established under this section. |
Section 145.47 | Per cent of compensation required as contribution - deductions.
... amounts so collected shall be held in trust pending receipt of a report of contributions for such public employees for the period involved as provided by law and, thereafter, the amount in trust shall be transferred to the employees' savings fund to the credit of the employees. Any amount remaining after the transfer to the employees' savings fund shall be transferred to the employers' accumulation fund as a ... |
Section 1501.01 | Director of natural resources - powers and duties.
... set aside or paid into depositories or trust funds for the payment of bonds issued under sections 1501.12 to 1501.15 of the Revised Code, and to maintain the required reserves therefor as provided in the orders authorizing the issuance of such bonds or the trust agreements securing such bonds, revenues required to be paid and credited pursuant to the bond proceeding applicable to obligations issued pursuant to secti... |
Section 1501.14 | Retiring bonds.
... in the order of the director or in the trust agreement securing the bonds, all admission fees, charges, and rentals and all other revenues derived from the lands and interests therein and public service facilities, for the acquisition, construction, enlargement, equipment, furnishing, or improvement of which bonds are issued, except such part as is necessary to pay the cost of maintaining, repairing, and operating t... |
Section 1509.41 | Anti-trust violations.
...Revised Code shall be construed to be a trust, monopoly, or other combination in restraint of trade prohibited by law. |
Section 1513.16 | Performance standards.
...cial security shall include a contract, trust, or other agreement or mechanism that is enforceable under law to provide long-term water treatment or a long-term alternative water supply, or both. The contract, trust, or other agreement or mechanism included with the alternative financial security may provide for the funding of the alternative financial security incrementally over a period of time, not to exceed five ... |
Section 1513.18 | Reclamation forfeiture fund.
... or a contractor hired by the surety or trustee, if the performance security is held in trust, to complete reclamation on land affected by coal mining on which an operator has defaulted, or with a contractor hired by the trust administrator of an alternative financial security that is provided in accordance with division (F)(8) of section 1513.16 of the Revised Code to provide long-term water treatment or a long-term... |
Section 1517.06 | Nature preserves to be held in trust.
...5 of the Revised Code are to be held in trust, for the uses and purposes set forth in that section, for the benefit of the people of the state of present and future generations. They shall be managed and protected in the manner approved by and subject to rules established by the chief of the division of natural areas and preserves. They shall not be taken for any other use except another public use after a finding by... |
Section 1517.12 | Lake Katharine management trust fund.
...y created the lake Katharine management trust fund, which shall be administered by the division of natural areas and preserves in the department of natural resources for preservation, management, land acquisition, and educational programs at the lake Katharine nature preserve. The moneys in the fund shall be derived from gifts, donations, bequests, and other moneys for the purposes for which the fund is created. The ... |
Section 1522.01 | Compact ratified and enacted.
... natural resources shared and held in trust by the States; b. The Waters of the Basin are interconnected and part of a single hydrologic system; c. The Waters of the Basin can concurrently serve multiple uses. Such multiple uses include municipal, public, industrial, commercial, agriculture, mining, navigation, energy development and production, recreation, the subsistence, economic and cultural ac... |
Section 1531.33 | Wildlife habitat fund.
...stment earnings of the wildlife habitat trust fund created in section 1531.32 of the Revised Code; gifts, donations, bequests, and other moneys contributed to the division of wildlife for the purposes of the fund; moneys collected under division (H) of section 1531.06 of the Revised Code; contributions collected under section 4503.568 of the Revised Code from issuance of the "Ohio Bullfrog" license plate; and moneys ... |
Section 1533.10 | Hunting licenses; fees; hunter education and conservation course.
...if the owner of land in this state is a trust that has a total of three or fewer trustees and beneficiaries, an individual who is a trustee or beneficiary and who is a resident of this state and the individual's children of any age and grandchildren under eighteen years of age may hunt on the land owned by the trust without a hunting license. The tenant and children of the tenant, residing on lands in the state, may ... |
Section 1533.11 | Special deer or wild turkey permits; fees; wildlife refunds fund.
...if the owner of land in this state is a trust that has a total of three or fewer trustees and beneficiaries, an individual who is a trustee or beneficiary and who is a resident of this state and the individual's children of any age may hunt deer or wild turkey on the land owned by the trust without a deer or wild turkey permit. The tenant and children of the tenant may hunt deer or wild turkey on lands where they res... |
Section 1533.111 | Hunting or trapping fur taker permit - trapper education course.
...if the owner of land in this state is a trust that has a total of three or fewer trustees and beneficiaries, an individual who is a trustee or beneficiary and who is a resident of this state and the individual's children of any age may hunt or trap fur-bearing animals on the land owned by the trust without a fur taker permit. The tenant and children of the tenant may hunt or trap fur-bearing animals on lands where th... |