Ohio Rev. Code § 5804.04

Current with legislation from 2024 received as of August 15, 2024.
Section 5804.04 - Trust purposes must be legitimate

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.

R.C. §5804.04

Effective Date: 1/1/2007 .