Ohio § 5807.02
Full text of Ohio Ohio Revised Code § 5807.02, with citation guidance and answers to common questions.
§ 5807.02.
(A) A trustee shall give bond to secure performance of the trustee's duties only if the
court finds that a bond is needed to protect the interests of the beneficiaries or
is required by the terms of the trust and the court has not dispensed with the requirement. (B) The court may specify the amount of a bond, its liabilities, and whether sureties
are necessary. The court may modify or terminate a bond at any time. (C) A regulated financial-service institution qualified to do trust business in this
state need not give bond, even if required by the terms of the trust.
Frequently Asked Questions About Ohio § 5807.02
What does Ohio Revised Code § 5807.02 cover?
Section 5807.02 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 § 5807.02?
A common citation format is "Ohio Revised Code § 5807.02" (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 § 5807.02 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.