Ohio § 5813.03
Full text of Ohio Ohio Revised Code § 5813.03, with citation guidance and answers to common questions.
§ 5813.03.
(A) Division (A) of section 5813.02 of the Revised Code does not apply if the applicable trust instrument expressly indicates the settlor's
intention that income is to be otherwise than as defined in division (A) of section 5813.02 of the Revised Code . (B) A restriction upon the definition of income in division (A) of section 5813.02 of the Revised Code may not be inferred from a designation of an institutional trust fund as an endowment;
a direction or authorization in the applicable trust instrument to use only “income,”
“interest,” “dividends,” or “rents, issues, or profits,” or “to preserve the principal
intact,” or a direction that contains other words of a similar import; a direction
in a trust instrument that income and principal are to be determined by reference
to certain statutory provisions; or, subject to division (A) of this section, the
inclusion of specified provisions in a trust instrument setting forth the way in which
income and principal are to be determined. (C) The rule of construction set forth in division (B) of this section applies to trust
instruments executed or in effect before, on, or after September 15, 1999.
Frequently Asked Questions About Ohio § 5813.03
What does Ohio Revised Code § 5813.03 cover?
Section 5813.03 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 § 5813.03?
A common citation format is "Ohio Revised Code § 5813.03" (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 § 5813.03 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.