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2021 Ohio Revised Code
Title 58 | Trusts
Chapter 5810 | Breach of Trust
Section 5810.03 | Trustee Not Accountable or Liable for Profit or Loss Absent Breach.
Universal Citation: Ohio Rev Code § 5810.03 (2021)
Effective: January 1, 2007
Latest Legislation: House Bill 416 - 126th General Assembly
(A) Absent a breach of trust, a trustee is not accountable to a beneficiary for any profit made by the trustee arising from the administration of the trust.
(B) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.
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