Ohio Revised Code (Last Updated: January 27, 2016) |
Title 58. LVIII TRUSTS |
Chapter 5804. CREATION, MODIFICATION, REVOCATION, AND TERMINATION |
Section 5804.05. Purposes of charitable trust - enforcement
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(A) A charitable trust may be created for the relief of poverty, the advancement of education or religion, the promotion of health, governmental or municipal purposes, or other purposes the achievement of which is beneficial to the community.
(B) If the terms of a charitable trust do not indicate a particular charitable purpose or beneficiary, the court may select one or more charitable purposes or beneficiaries. The selection must be consistent with the settlor's intention to the extent it can be ascertained.
(C) The settlor of a charitable trust, among others, may maintain a proceeding to enforce the trust.
Effective Date: 01-01-2007