Ohio Rev. Code § 5816.12

Current with legislation from 2024 received as of August 15, 2024.
Section 5816.12 - Rules regarding discretion

Except to the extent expressly provided otherwise by the terms of a legacy trust instrument, each trustee and each advisor of a legacy trust shall have the greatest discretion permitted by law in connection with all matters of trust administration, all trust distributions, and all other trustee or advisor decisions.

R.C. § 5816.12

Added by 129th General Assembly, HB 479, §1, eff. 3/27/2013.