Ohio Code 1111.17 – Will, trust instrument or other authority governs
Current as of: 2023 | Check for updates
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Any will, trust instrument, or other authority under which a trust company acts shall govern the trust company in receiving, holding, investing, and distributing money and other property the trust company holds in a fiduciary capacity.
Terms Used In Ohio Code 1111.17
- Fiduciary: A trustee, executor, or administrator.
- Instrument: includes any will, declaration of trust, agreement of trust, agency, or custodianship, or court order creating a fiduciary relationship. See Ohio Code 1111.01
- Property: means real and personal property. See Ohio Code 1.59