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2011 Ohio Revised Code
Title [58] LVIII TRUSTS
Chapter 5809: OHIO UNIFORM PRUDENT INVESTOR ACT
5809.03 Investment authority - diversification.

Universal Citation:
OH Rev Code § 5809.03
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

(A) A trustee may invest in any kind of property or type of investment provided that the investment is consistent with the requirements and standards of the Ohio Uniform Prudent Investor Act.

(B) A trustee shall diversify the investments of a trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.

Effective Date: 01-01-2007

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