Ohio Revised Code (Last Updated: January 27, 2016)

Section 5816.12. Rules regarding discretion

Latest version.

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.

Added by 129th General AssemblyFile No.201, HB 479, §1, eff. 3/27/2013.

                    
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