Ohio Rev. Code § 5807.05

Current with legislation from 2024 received as of May 9, 2024.
Section 5807.05 - Resignation of trustee - notice - approval
(A) A trustee may resign upon at least thirty days' notice to the qualified beneficiaries, the settlor, if living, and all cotrustees or with the approval of the court.
(B) In approving a resignation of a trustee, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.
(C) Any liability of a resigning trustee or of any sureties on the trustee's bond for acts or omissions of the trustee is not discharged or affected by the trustee's resignation.

R.C. §5807.05

Effective Date: 1/1/2007 .