Ohio Code § 1112.13
Ohio Code § 1112.13. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1112.13.
(A) Each licensed family trust company shall obtain and maintain all of the following: (1) Fidelity bonds in such amounts as it considers advisable, but not less than an aggregate
amount of one million dollars, on any active officer, manager, family member acting
in a managerial capacity, or employee, whether or not such persons receive a salary
or other compensation from the family trust company, to indemnify it against loss
because of any dishonest, fraudulent, or criminal act or omission by any of the persons
bonded, acting alone or in combination with any other person. The bonds may be in any form and may be paid for by the family trust company. (2) Directors and officers liability insurance coverage in the amount of at least one
million dollars. (B) A licensed family trust company may also procure property and casualty insurance
of a nature and with such coverage amounts as it considers advisable.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1112.13
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1112.13?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1112.13 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1112.13 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.