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2023 Ohio Revised Code
Title 58 | Trusts
Chapter 5804 | Creation, Modification, Revocation, and Termination
Section 5804.04 | Trust Purposes Must Be Legitimate.
Universal Citation:
OH Rev Code § 5804.04 (2023)
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Effective: January 1, 2007
Latest Legislation: House Bill 416 - 126th General Assembly
A trust may be created only to the extent that its purposes are lawful, not contrary to public policy, and possible to achieve. A trust exists, and its assets shall be held, for the benefit of its beneficiaries in accordance with the interests of the beneficiaries in the trust.
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