Ohio § 5809.07
Full text of Ohio Ohio Revised Code § 5809.07, with citation guidance and answers to common questions.
§ 5809.07.
The following terms or comparable language in the provisions of a trust, unless otherwise
limited or modified, authorizes any investment or strategy permitted by the Ohio Uniform
Prudent Investor Act: “investments permissible by law for investment of trust funds”;
“legal investments”; “authorized investments”; “using the judgment and care under
the circumstances then prevailing that persons of prudence, discretion, and intelligence
exercise in the management of their own affairs, not in regard to speculation but
in regard to the permanent disposition of their funds considering the probable income
as well as the probable safety of their capital”; “prudent man rule”; “prudent trustee
rule”; “prudent person rule”; and “prudent investor rule.”
Frequently Asked Questions About Ohio § 5809.07
What does Ohio Revised Code § 5809.07 cover?
Section 5809.07 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 § 5809.07?
A common citation format is "Ohio Revised Code § 5809.07" (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 § 5809.07 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.