When the probate court appoints a trustee for the benefit of creditors to act in place of the assignee of a debtor, the appointment and qualification of the trustee operates as a conveyance to him of all the property originally assigned to such assignee.

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Terms Used In Ohio Code 1313.13

  • Probate: Proving a will
  • Property: means real and personal property. See Ohio Code 1.59
  • Trustee: A person or institution holding and administering property in trust.