2006 Ohio Revised Code - 1339.55. Effective until 1-1-07.
§ 1339.55. Interest of beneficiaries is controlling; impartiality.
(A) A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.
(B) If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets taking into account any differing interests of the beneficiaries.
HISTORY: 147 v H 701. Eff 3-22-99.
See provisions, § 3 of HB 701 (147 v - ) following RC §
1339.61.
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