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2025 Ohio Revised Code
Title 21 | Courts-Probate-Juvenile
Chapter 2109 | Fiduciaries
Section 2109.38 | Retaining Unauthorized Investments.
Universal Citation:
OH Rev Code § 2109.38 (2025)
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Effective: January 13, 2012
Latest Legislation: Senate Bill 124 - 129th General Assembly
Sections 2109.37, 2109.371, and 2109.372 of the Revised Code do not prohibit a fiduciary from retaining any part of a trust estate as received by the fiduciary even though that part is not of the class or percentage permitted to fiduciaries, or from retaining any investment made by the fiduciary after the investment ceases to be of a class or exceeds the percentage permitted by law, provided the circumstances are not such as to require the fiduciary to dispose of the investment in the performance of the fiduciary's duties.
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