Ohio § 2109.14
Full text of Ohio Ohio Revised Code § 2109.14, with citation guidance and answers to common questions.
§ 2109.14.
If the estate held by a fiduciary consists in whole or in part of works of nature
or of art that are suitable for preservation and exhibition in a museum or other similar
institution, the probate court may authorize and direct that any or all of those works
be deposited with a corporation conducting the museum or other similar institution;
provided that no such deposit shall be authorized or directed except with a corporation
having a net worth of at least ten times the value of the works to be deposited. The deposit shall be made in the name of the fiduciary, and the property deposited
shall not be withdrawn from the custody of the depository or otherwise deposited except
upon the special order of the court. The probate judge may impose any conditions relative to insurance and the care and
protection of the property deposited that the court thinks best for the interests
of the estate and the beneficiaries of the estate. After the deposit has been made, a receipt for that property executed by that corporation
shall be filed with the court, and the receipt shall acknowledge that the property
is held by that corporation subject to the order of the court. When the receipt is filed, the court may fix or reduce the amount of the bond so
that the amount of the penalty of the bond is determined with respect to the value
of the remainder only of the estate or fund, without including the value of the property
deposited. Neither the fiduciary nor the fiduciary's sureties shall be liable for any loss
to the trust estate resulting from a deposit authorized and directed by the court
pursuant to this section, provided the fiduciary has acted in good faith.
Frequently Asked Questions About Ohio § 2109.14
What does Ohio Revised Code § 2109.14 cover?
Section 2109.14 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 2109.14?
A common citation format is "Ohio Revised Code § 2109.14" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 2109.14 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.