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2011 Ohio Revised Code
Title [21] XXI COURTS - PROBATE - JUVENILE
Chapter 2109: FIDUCIARIES
2109.05 [Effective Until1/13/2012] Bond - trust created by will.


OH Rev Code § 2109.05 What's This?

When deemed necessary by the probate court and not otherwise directed in the will, a bond, as provided by sections 2109.01 to 2109.58, inclusive, of the Revised Code, shall be required in all trusts created by will and not fully discharged, on the petition of an interested person and after notice to the trustee.

If such a trustee fails to give bond within the time ordered by the court, he shall be removed from his trust or be considered to have declined it. Another person may be appointed in his stead upon giving the required bond.

Effective Date: 10-01-1953

This section is set out twice. See also § 2109.05, as amended by 129th General Assembly File No. 52, SB 124, § 1, eff. 1/13/2012.

2109.05 [Effective1/13/2012] Bond – trust created by will

When considered necessary by the probate court and not otherwise directed in the will, a bond, as provided by sections 2109.01 to 2109.58 of the Revised Code, shall be required in all trusts created by will and not fully discharged, on the petition of an interested person and after notice to the trustee.

If the trustee fails to give bond within the time ordered by the court, the court shall remove the trustee from the trust, or the trustee shall be considered to have declined it.

Amended by 129th General Assembly File No. 52, SB 124, § 1, eff. 1/13/2012.

Effective Date: 10-01-1953

This section is set out twice. See also § 2109.05, effective until 1/13/2012.

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