2010 Ohio Revised Code
Title [21] XXI COURTS - PROBATE - JUVENILE
Chapter 2109: FIDUCIARIES
2109.40 Participation in corporate reorganization.
2109.40 Participation in corporate reorganization.
Unless the instrument creating a trust forbids, a fiduciary may do all of the things which an individual holder might do with respect to securities held by him, including the exercise or sale of subscription rights, the acceptance of new stock in the same corporation in place of the stock held, or in the event of reorganization, sale, or merger in a different corporation, and with the approval of the probate court, the investment of additional funds where required of all shareholders participating in a reorganization.
Effective Date: 10-01-1953
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