Ohio Code § 1337.31
Ohio Code § 1337.31. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1337.31.
(A) A principal may designate two or more persons to act as coagents. Unless the power of attorney otherwise provides, each coagent may exercise its authority
independently. (B) A principal may designate one or more successor agents to act if an agent resigns,
dies, becomes incapacitated, is not qualified to serve, or declines to serve. A principal may grant authority to designate one or more successor agents to an
agent or other person designated by name, office, or function. Unless the power of attorney otherwise provides, a successor agent has the same
authority as that granted to the original agent and may not act until all predecessor
agents have resigned, died, become incapacitated, are no longer qualified to serve,
or have declined to serve. (C) Except as otherwise provided in the power of attorney and division (D) of this section,
an agent that does not participate in or conceal a breach of fiduciary duty committed
by another agent, including a predecessor agent, is not liable for the actions of
the other agent. (D) An agent that has actual knowledge of a breach or imminent breach of fiduciary duty
by another agent shall notify the principal and, if the principal is incapacitated,
take any action reasonably appropriate in the circumstances to safeguard the principal's
best interest. An agent that fails to notify the principal or take action as required by this division
is liable for the reasonably foreseeable damages that could have been avoided if the
agent had notified the principal or taken action as required by this division.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1337.31
- 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 § 1337.31?
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 § 1337.31 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 § 1337.31 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.