2011 Ohio Revised Code
Title [21] XXI COURTS - PROBATE - JUVENILE
Chapter 2109: FIDUCIARIES
2109.53 [Effective Until1/13/2012] Judgment against fiduciary - removal.
If a judgment is rendered against a fiduciary under section 2109.52 of the Revised Code, he shall forthwith be removed by the probate court and that part of the trust not already administered shall be committed to some other person. A fiduciary so removed shall not receive compensation for acting as fiduciary and must be charged in his account with the amount of such judgment. Such fiduciary’s property also shall be liable for the satisfaction of the judgment on execution issued thereon by his successor.
Effective Date: 10-01-1953
This section is set out twice. See also § 2109.53, as amended by 129th General Assembly File No. 52, SB 124, § 1, eff. 1/13/2012.
2109.53 [Effective1/13/2012] Judgment against fiduciary – removal
If a judgment is rendered against a fiduciary under section 2109.52 of the Revised Code, the fiduciary shall be removed by the probate court . If any portion of the estate, testamentary trust, or guardianship remains to be administered by the probate court at the time of the removal of the fiduciary, the court shall appoint a new fiduciary to continue the administrative process. A fiduciary that is removed shall not receive compensation for acting as fiduciary and shall be charged for the amount of the judgment. The fiduciary’s property also shall be liable for the satisfaction of the judgment on execution issued on the judgment by the fiduciary’s successor.
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 § 2109.53, effective until 1/13/2012.
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