Ohio Revised Code Chapter 5810 - Breach Of Trust

• Section 5810.01 - Breach Of Trust Defined - Judicial Remedies.
  (A) A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust. (B) To remedy a...
• Section 5810.02 - Liability To Beneficiaries For Breach - Contribution.
  (A) A trustee who commits a breach of trust is liable to the beneficiaries affected for the greater of the following: (1) The amount...
• Section 5810.03 - Trustee Not Accountable Or Liable For Profit Or Loss Absent Breach.
  (A) Absent a breach of trust, a trustee is not accountable to a beneficiary for any profit made by the trustee arising from the...
• Section 5810.04 - Award Of Costs, Expenses, And Attorney Fees From Trust.
  In a judicial proceeding involving the administration of a trust, including a trust that contains a spendthrift provision, the court, as justice and equity...
• Section 5810.05 - Limitations Period For Action Against Trustee.
  (A) A beneficiary may not commence a proceeding against a trustee for breach of trust more than two years after the date the beneficiary,...
• Section 5810.06 - Trustee Reliance On Terms Of Trust.
  A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a...
• Section 5810.07 - Reasonable Care To Ascertain Material Event.
  If the happening of an event, including marriage, divorce, performance of educational requirements, or death, affects the administration or distribution of a trust, a...
• Section 5810.08 - Enforceability Of Exculpatory Trust Term.
  A term of a trust relieving a trustee of liability for breach of trust is unenforceable to the extent that it relieves the trustee...
• Section 5810.09 - Beneficiary Or Representative's Consent To Conduct Constituting Breach.
  A trustee is not liable to a beneficiary for breach of trust if the beneficiary or the beneficiary's representative under the representation provisions of...
• Section 5810.10 - Personal Contract And Tort Liability Of Trustee.
  (A) Except as otherwise provided in the contract, for contracts entered into on or after March 22, 1984, a trustee is not personally liable...
• Section 5810.11 - Personal Liability Of Trustee On Contract As Partner.
  (A) (1) Except as otherwise provided in division (C) of this section or unless personal liability is imposed in the contract, a trustee who...
• Section 5810.12 - Person Assisting Or Dealing With Trustee In Good Faith.
  (A) A person other than a beneficiary who in good faith assists a trustee, or who in good faith and for value deals with...
• Section 5810.13 - Certification Of Trust Furnished To Person Not Beneficiary.
  (A) Instead of furnishing a copy of the trust instrument to a person other than a beneficiary, the trustee may furnish to the person...
• Section 5810.14 - Transfer Of Personal Property To Trustee.
  (A) Personal property may be transferred to a trustee as authorized by section 5804.01 of the Revised Code by executing the necessary written instrument...

Last modified: October 10, 2016