Ohio § 1313.01

Full text of Ohio Ohio Revised Code § 1313.01, with citation guidance and answers to common questions.

§ 1313.01.

When a person, partnership, association, or corporation, makes an assignment to a

trustee of property, money, rights, or credits, in trust for the benefit of creditors,

within ten days after the delivery of the assignment to him and before disposing of

any property so assigned, such assignee shall appear before the probate judge of the

county in which the assignor resided at the time of executing the assignment, produce

the original assignment, or a copy of it, cause it to be filed in the probate court,

and enter into a bond, payable to the state, in such sum and with such sureties as

the court approves, conditioned for the faithful performance of his duties.  The court may require the assignee, or any trustee subsequently appointed, to execute

an additional bond whenever the interests of the creditors of the assignor demand

it.

Frequently Asked Questions About Ohio § 1313.01

What does Ohio Revised Code § 1313.01 cover?

Section 1313.01 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 § 1313.01?

A common citation format is "Ohio Revised Code § 1313.01" (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 § 1313.01 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.