1339.03. Effective until 1-1-07.


§ 1339.03. Definitions.
 

As used in sections 1339.03 to 1339.13, inclusive, of the Revised Code: 

(A) "Bank" includes any person, carrying on the business of banking and any financial institution defined in section 5725.01 of the Revised Code. 

(B) "Fiduciary" includes a trustee under any trust, expressed, implied, resulting, or constructive, an executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust, or estate. 

(C) "Person" includes a corporation, partnership, association, or two or more persons having a joint or common interest. 

(D) "Principal" includes any person to whom a fiduciary as such owes an obligation. 

(E) "Good faith" includes an act when it is in fact done honestly. 
 

HISTORY: GC § 8509-7; 120 v 343; Bureau of Code Revision. Eff 10-1-53.