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2022 Ohio Revised Code
Title 58 | Trusts
Chapter 5816 | Ohio Legacy Trust Act
Section 5816.11 | Trust Advisors; Eligibility; Default Fiduciary Status.
Universal Citation: OH Rev Code § 5816.11 (2022)
Effective: March 27, 2013
Latest Legislation: House Bill 479 - 129th General Assembly
(A) Any person may serve as an advisor of a legacy trust except that a transferor may act as an advisor only in connection with investment decisions.
(B) An advisor shall be considered a fiduciary unless the terms of a legacy trust instrument expressly provide otherwise.
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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