Ohio § 5809.06
Full text of Ohio Ohio Revised Code § 5809.06, with citation guidance and answers to common questions.
§ 5809.06.
(A) A trustee may delegate investment and management functions of a trust that a prudent
trustee having comparable skills could properly delegate under the circumstances. A trustee that exercises its delegation authority under this division shall comply
with the requirements of division (A) of section 5808.07 of the Revised Code . (B) In performing investment or management functions of a trust that are delegated to
an agent, an agent owes a duty to the trust to exercise reasonable care to comply
with the terms of the delegation. (C) A trustee who delegates a function to an agent in compliance with division (A) of
this section is not liable to the beneficiaries of the trust or to the trust for the
decisions or actions of the agent to whom the function was delegated. (D) By accepting the delegation of investment or management functions of a trust that
is subject to the laws of this state, an agent submits to the jurisdiction of this
state.
Frequently Asked Questions About Ohio § 5809.06
What does Ohio Revised Code § 5809.06 cover?
Section 5809.06 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 § 5809.06?
A common citation format is "Ohio Revised Code § 5809.06" (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 § 5809.06 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.