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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 5802.05 | Provision regarding arbitration of disputes.

Ohio Revised Code
/
Title 58 Trusts
/
Chapter 5802 Jurisdiction Of Court
 
Effective:
March 22, 2019
Latest Legislation:
House Bill 595 - 132nd General Assembly
PDF:
Download Authenticated PDF
 

(A) A provision in the terms of a trust, excluding a testamentary trust, that requires the arbitration of disputes, other than disputes of the validity of all or a part of a trust instrument, between or among the beneficiaries and a fiduciary under the trust, or a combination of those persons or entities, is enforceable.

(B) Unless otherwise specified in the terms of the trust, a trust provision requiring arbitration as described in division (A) of this section shall be presumed to require binding arbitration under Chapter 2711. of the Revised Code.

Available Versions of this Section