Effective: January 1, 2007
Latest Legislation: House Bill 416 - 126th General Assembly
As used in sections 5815.04 to 5815.11 of the Revised Code:
(A) "Bank" includes any person, carrying on the business of banking and any financial institution defined in section 5725.01 of the Revised Code.
(B) "Fiduciary" includes a trustee under any trust, expressed, implied, resulting, or constructive, an executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust, or estate.
(C) "Person" includes a corporation, partnership, association, or two or more persons having a joint or common interest.
(D) "Principal" includes any person to whom a fiduciary as such owes an obligation.
(E) "Good faith" includes an act when it is in fact done honestly.
Structure Ohio Revised Code
Chapter 5815 | Miscellaneous Provisions
Section 5815.01 | Inheritance and Bequest Defined.
Section 5815.02 | Issuers of Securities and Holders of Record.
Section 5815.03 | Issuer of Securities May Treat Holders of Record as Competent.
Section 5815.04 | Uniform Fiduciary Act Definitions.
Section 5815.05 | Transferee Not Responsible for Proper Application of Money.
Section 5815.06 | Deposit in Name of Fiduciary as Such - Liability of Bank.
Section 5815.07 | Check Drawn by Fiduciary Upon Account of His Principal - Liability of Bank.
Section 5815.08 | Deposit to Personal Credit of Fiduciary.
Section 5815.09 | Deposit in Name of Two or More Trustees - Checks.
Section 5815.10 | Interpretation and Construction.
Section 5815.11 | Rules of Law and Equity Applicable.
Section 5815.12 | Power of Appointment Defined.
Section 5815.13 | Exercising Power of Appointment.
Section 5815.14 | Release and Disclaimer of a Power.
Section 5815.15 | Notice of Release.
Section 5815.16 | Duty of Attorney to Third Parties.
Section 5815.21 | Federal Estate Tax Marital Deduction Distributions.
Section 5815.22 | Spendthrift Provisions.
Section 5815.24 | Limitations on Liability.
Section 5815.25 | Administrative Duties and Responsibilities of Trust; Exclusion of Fiduciaries.
Section 5815.26 | Holding Cash or Making Temporary Investments.
Section 5815.27 | Application of Generation-Skipping Transfer Tax Provisions.
Section 5815.28 | Supplemental Services for Beneficiary With Physical or Mental Disability.
Section 5815.33 | Termination of Marriage Revokes Designation of Spouse as Beneficiary.
Section 5815.34 | Termination of Marriage Affects Survivorship Rights.
Section 5815.35 | General Partners Acting as Fiduciary.
Section 5815.37 | Temporary Conveyances.
Section 5815.41 | Consignment of Art Works Definitions.
Section 5815.42 | Art Dealer's Acceptance of Work on Consignment From Artist.
Section 5815.43 | When Work of Art Ceases to Be Trust Property.
Section 5815.44 | Work of Art Not Subject to Claims of Creditors of Art Dealer.
Section 5815.45 | Written Contract Prerequisite for Accepting Work of Art.
Section 5815.46 | Display Conditions.