Ohio Revised Code § 2119.05 - Termination Of Trust - Final Account.

If at any time the absentee returns and makes application to the probate court for the termination of the trust established under section 2119.01 of the Revised Code, the court shall, on notice to the trustee and other interested parties, order the trustee to file a final account and on settlement of the account shall terminate the trust and order all remaining property returned. If an executor, administrator, or guardian is appointed for the estate of the absentee, the court shall order the trustee to file a final account and on settlement of the account shall terminate the trust and order all of the property remaining in the possession or under the control of the trustee to be delivered to the fiduciary entitled to the property.

Amended by 129th General AssemblyFile No.52, SB 124, ยง1, eff. 1/13/2012.

Effective Date: 10-01-1953

Section: Previous  2119.01  2119.02  2119.03  2119.04  2119.05  

Last modified: October 10, 2016