Ohio § 5812.42
Full text of Ohio Ohio Revised Code § 5812.42, with citation guidance and answers to common questions.
§ 5812.42.
A trustee shall make all of the following disbursements from income to the extent
that they are not disbursements to which division (B)(2) or (3) of section 5812.07
of the Revised Code applies: (A) One-half of the regular compensation of the trustee and of any person providing investment
advisory or custodial services to the trustee; (B) One-half of all expenses for accountings, judicial proceedings, or other matters
that involve both the income and remainder interests; (C) All of the other ordinary expenses incurred in connection with the administration,
management, or preservation of trust property and the distribution of income, including
interest, ordinary repairs, regularly recurring taxes assessed against principal,
and expenses of a proceeding or other matter that concerns primarily the income interest; (D) Recurring premiums on insurance covering the loss of a principal asset or the loss
of income from or use of the asset.
Frequently Asked Questions About Ohio § 5812.42
What does Ohio Revised Code § 5812.42 cover?
Section 5812.42 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 § 5812.42?
A common citation format is "Ohio Revised Code § 5812.42" (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 § 5812.42 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.