Ohio Revised Code
Chapter 2109 | Fiduciaries
Section 2109.58 | Inventory by Fiduciary.

Effective: January 13, 2012
Latest Legislation: Senate Bill 124 - 129th General Assembly
Each fiduciary as to whom definite provision is not made in sections 2111.14 and 2115.02 of the Revised Code shall make and file within three months after the fiduciary's appointment a full inventory of the real and personal property to be entrusted with the fiduciary, its value, and the value of the yearly rent of the real property.
Except as provided by section 2115.16 of the Revised Code, exceptions to the inventory of a fiduciary may be filed at any time within six months after the return of the inventory by any person interested in the entrusted property or in any of the property included in the inventory, but the six-month period shall not apply in case of fraud or concealment of assets. At the hearing, the fiduciary and any witness may be examined under oath. The probate court shall enter its finding on the journal and tax the costs as may be equitable.

Structure Ohio Revised Code

Ohio Revised Code

Title 21 | Courts-Probate-Juvenile

Chapter 2109 | Fiduciaries

Section 2109.01 | Fiduciary Defined.

Section 2109.02 | Appointment and Duties.

Section 2109.021 | Fiduciary Filings by Mail or in Person.

Section 2109.03 | Fiduciary's Attorney.

Section 2109.04 | Bond.

Section 2109.05 | Bond - Trust Created by Will.

Section 2109.06 | New or Additional Bond.

Section 2109.07 | Bond Conditions - Administrator - When Not Required.

Section 2109.08 | Bond Conditions - Special Administrator.

Section 2109.09 | Bond Conditions - Executor.

Section 2109.10 | Bond When Executor or Administrator Is Sole Residuary Legatee or Distributee.

Section 2109.11 | Bond Conditions - Testamentary Trustees.

Section 2109.12 | Bond Conditions - Guardians.

Section 2109.13 | Deposit of Personal Property in Lieu of Bond.

Section 2109.14 | Deposit of Works of Art in Museum Authorized - Reduction of Bond.

Section 2109.15 | Informality of Bond.

Section 2109.16 | One Bond for Two or More Wards.

Section 2109.17 | Sureties.

Section 2109.18 | Release of a Fiduciary's Sureties.

Section 2109.19 | Bond of Indemnity to Surety.

Section 2109.20 | Guardian May Give Real Property Mortgage to Secure Bond.

Section 2109.21 | Residence Qualifications of Fiduciary.

Section 2109.22 | Marriage No Disqualification for Fiduciary.

Section 2109.24 | Resignation or Removal of Fiduciary.

Section 2109.25 | Fiduciary in Military Service - Removal and Reinstatement.

Section 2109.26 | Vacancy Before Termination of the Trust - Accounting - Successor Fiduciary.

Section 2109.27 | Surviving Fiduciaries.

Section 2109.28 | Merger of Fiduciaries.

Section 2109.29 | Rights as to Shares in Corporation.

Section 2109.30 | Accounts of Fiduciaries.

Section 2109.301 | Administrator or Executor Rendering Account.

Section 2109.302 | Guardian or Conservator Rendering Account.

Section 2109.303 | Testamentary Trustee Rendering Account.

Section 2109.31 | Citation to Fiduciary to File Account.

Section 2109.32 | Hearing on Fiduciary's Account.

Section 2109.33 | Service of Additional Notice - Exceptions to Account.

Section 2109.34 | Representation in Account Proceeding.

Section 2109.35 | Effect of Order Settling Account - Vacation of Order.

Section 2109.36 | Order of Distribution.

Section 2109.361 | Application by Beneficiary for Approval of Third-Party Distribution.

Section 2109.37 | Investment of Trust Funds by Fiduciary.

Section 2109.371 | Additional Eligible Investments.

Section 2109.372 | Holding Cash or Making Temporary Investments.

Section 2109.38 | Retaining Unauthorized Investments.

Section 2109.39 | Receiving Distribution in Kind.

Section 2109.40 | Participation in Corporate Reorganization.

Section 2109.41 | Deposit of Funds.

Section 2109.42 | Liability for Failure to Invest.

Section 2109.43 | Personal Use of Trust Property Prohibited.

Section 2109.44 | Prohibited Transactions; Purchase of Property.

Section 2109.45 | Statement Filed Before Private Sale Confirmed.

Section 2109.46 | Mortgage by Fiduciary.

Section 2109.47 | Mortgage by a Guardian.

Section 2109.48 | Amount of Loan.

Section 2109.49 | Investigation of Trust.

Section 2109.50 | Proceedings When Assets Concealed or Embezzled.

Section 2109.51 | Imprisonment for Disobeying Citation.

Section 2109.52 | Judgment on the Complaint.

Section 2109.53 | Judgment Against Fiduciary - Removal.

Section 2109.54 | Certificate of Judgment - Delivery to Clerk of the Court of Common Pleas.

Section 2109.55 | Judgment in Favor of State.

Section 2109.56 | Conveyances.

Section 2109.57 | Appointment of Trustee of Funds of Unknown or Nonresident.

Section 2109.58 | Inventory by Fiduciary.

Section 2109.59 | Failure of Fiduciary to Make Payment or Distribution.

Section 2109.60 | Probate Court May Send Case to the Court of Common Pleas.

Section 2109.61 | Bond - Parties to Suit.

Section 2109.62 | Court Termination of Trust.

Section 2109.68 | Allocation of Receipts and Expenditures Between Principal and Income.

Section 2109.69 | Application of Trust Code Provisions to Testamentary Trusts.