Section 5808.03 | Multiple beneficiaries - duty of impartiality.
January 1, 2007
House Bill 416 - 126th General Assembly
If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests.
Available Versions of this Section
- January 1, 2007 – House Bill 416 - 126th General Assembly [ View January 1, 2007 Version ]