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Ohio Rev. Code Ann. § 5816.11 – Trust advisors; eligibility; default fiduciary status | Midpage
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Ohio Revised Code
Title 58
Chapter 5816
§ 5816.11
Ohio Rev. Code Ann. § 5816.11
Trust advisors; eligibility; default fiduciary status
Effective Mar 27, 2013
House Bill 479 - 129th General Assembly
(A) Any person may serve as an advisor of a legacy trust except that a transferor may act as an advisor only in connection with investment decisions.
(B) An advisor shall be considered a fiduciary unless the terms of a legacy trust instrument expressly provide otherwise.