§ 5807.01 Acceptance or rejection of trusteeship
§ 5807.02 Bond of trustee
§ 5807.03 Cotrustees – delegation – liability
§ 5807.04 Vacancy defined – priority in filling – additional trustees
§ 5807.05 Resignation of trustee – notice – approval
§ 5807.06 Removal of trustee – grounds – protective measures
§ 5807.07 Powers and duties of removed or resigned trustee
§ 5807.08 Compensation of trustee
§ 5807.09 Reimbursement of trustee for administrative expenses
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Terms Used In Ohio Code > Chapter 5807 - Trustees

  • Another: when used to designate the owner of property which is the subject of an offense, includes not only natural persons but also every other owner of property. See Ohio Code 1.02
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Bond: includes an undertaking. See Ohio Code 1.02
  • Fiduciary: A trustee, executor, or administrator.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
  • Property: means real and personal property. See Ohio Code 1.59
  • state: means the state of Ohio. See Ohio Code 1.59
  • Trustee: A person or institution holding and administering property in trust.