Ohio Rev. Code Ann. § 5807.07 – Powers and duties of removed or resigned trustee | Midpage
§ 5807.07
Ohio Rev. Code Ann. § 5807.07
Powers and duties of removed or resigned trustee
Effective Jan 1, 2007House Bill 416 - 126th General Assembly
(A) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.
(B) A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to it.