Skip to main content
Back To Top Top Back To Top
Home Button Home Button Home Button
The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1111.12 | Use of trust companies by courts.

Ohio Revised Code
/
Title 11 Banks-Savings and Loan Associations
/
Chapter 1111 Trust Companies
 
Effective:
January 1, 1997
Latest Legislation:
House Bill 538 - 121st General Assembly
PDF:
Download Authenticated PDF
 

(A) Any court in this state may direct moneys or property that are under its control, paid into court by parties to legal proceedings, or brought into court by reason of an order, judgment, or decree, to be placed with a trust company for safekeeping.

(B) Any court in this state may appoint a trust company to act as executor, administrator, assignee, guardian, receiver, or trustee, or in any other fiduciary capacity, for any estate or property of any kind.

(C) No trust company shall be required by a court to assume or execute any trust the trust company has not consented to assume or execute.

Available Versions of this Section