Ohio Code § 1746.13
Ohio Code § 1746.13. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1746.13.
(A) Liability to third persons for any act, omission, or obligation of a business trust
that has made the filings described in section 1746.04 of the Revised Code or a trustee or trustees of a business trust when acting in such capacity, shall
extend to the whole of the trust estate held by such trustee or trustees, or so much
thereof as may be necessary to discharge such liability, but no such liability shall
attach to the trustees, officers, employees, agents, or the holders of the shares
of beneficial interest in such business trust for any such act, omission, or obligation. (B) A business trust that has made the filings described in section 1746.04 of the Revised Code may purchase and maintain insurance on behalf of any person who is or was a trustee,
officer, employee, shareholder, or agent of the business trust, or is or was serving
at the request of the business trust as a director, trustee, officer, employee, or
agent of another business trust, corporation, domestic or foreign, nonprofit or for
profit, partnership, joint venture, trust, or other enterprise against any liability
asserted against him and incurred by him in any such capacity, or arising out of his
status as such, whether or not the trust instrument of the business trust contains
provisions for indemnification of such person against such liability by the business
trust. (C) The trust estate of a business trust that has made the filings described in section 1746.04 of the Revised Code is not liable for any act, omission, or obligation of either of the following: (1) Any holder of its shares of beneficial interest; (2) Any trustee when not acting in such capacity.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1746.13
- 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
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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 § 1746.13 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 § 1746.13 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.
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