Ohio Revised Code (Last Updated: January 27, 2016) |
Title 58. LVIII TRUSTS |
Chapter 5803. REPRESENTATIVES |
Section 5803.01. Notice to and consent by representative
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(A) Notice to a person who may represent and bind another person under this chapter has the same effect as if notice were given directly to the other person.
(B) The consent of a person who may represent and bind another person under this chapter is binding on the person represented unless the person represented objects to the representation before the consent would otherwise have become effective.
(C) Except as otherwise provided in sections 5804.11 and 5806.02 of the Revised Code, a person who under this chapter may represent a settlor who lacks capacity may receive notice and give a binding consent on the settlor's behalf.
(D) A settlor may not represent and bind a beneficiary under this chapter with respect to the termination or modification of a trust under division (A) of section 5804.11 of the Revised Code.
Effective Date: 01-01-2007